Notice 23 Apr 2025 payment processing, miami, securities, financial regulation, exchange rules

💳MIAX Sapphire Updates Alternative Payment Rules for Members

The Securities and Exchange Commission has published a notice from MIAX Sapphire proposing changes to Exchange Rule 208, enabling members to provide alternative payment instructions for fee collections, subject to exchange approval. This aims to ease operational burdens related to payment processes with the Clearing Corporation.

Learn More
Notice 23 Apr 2025 fincen, casinos, recordkeeping, bank secrecy act, compliance, financial regulation

🎲Additional Records Retention Requirements for Casinos by FinCEN

As part of its continuing effort to reduce paperwork and respondent burden, FinCEN invites comments on the proposed renewal, without change, of certain existing information collection requirements found in Bank Secrecy Act (BSA) regulations applicable to casinos and card clubs. Under these regulations, among other requirements, casinos and card clubs (collectively, casinos) must secure and maintain--with respect to each deposit, account, or line of credit--a record of the name, permanent address, and social security number of the person involved at the time the funds are deposited, the account is opened, or credit is extended. This request for comments is made pursuant to the Paperwork Reduction Act of 1995.

Learn More
Notice 22 Apr 2025 financial regulation, federal reserve, compliance, bank control, acquisitions, public comment

🏦Change in Bank Control Notices and Acquisitions Overview

The Federal Reserve System announces applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. Public comment is invited regarding the applications, and details on how to submit views are provided. The notice underscores the process and factors considered in the review of such acquisition proposals.

Learn More
Notice 22 Apr 2025 bitcoin, financial regulation, sec, cboe, options, trading

📈SEC Extends Review Period for Cboe Bitcoin Options Proposal

The SEC has designated a longer review period for the Cboe Exchange's proposed rule change to add P.M.-settled options on Bitcoin ETF indices. The extension allows the Commission additional time to consider implications and stakeholder comments regarding the new trading options designed for Bitcoin markets.

Learn More
Notice 22 Apr 2025 financial regulation, securities, market compliance, credit default swaps, trading

📈ICE Clear Credit's Proposed Rule Change on CDS Reference Obligations

ICE Clear Credit LLC has proposed changes to its rules regarding Contract Reference Obligations for Credit Default Swap contracts. This change aims to enhance clarity and transparency in the selection process, ensuring timely and accurate market representations while incorporating public consultations to address any potential objections.

Learn More
Notice 21 Apr 2025 transactions, treasury, sanctions, legality, compliance, financial regulation, ofac

🚫OFAC Sanctions Notice

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

Learn More
Notice 21 Apr 2025 bitcoin, exchange rules, options trading, financial regulation, cryptocurrency

💰Proposed Rule Change for Bitcoin Trust Options Trading

The Securities and Exchange Commission is reviewing a proposed rule change by MIAX Sapphire, LLC to list and trade options on the VanEck Bitcoin Trust. The Trust aims to provide investors with a cost-efficient means of gaining exposure to Bitcoin while adhering to current exchange rules governing ETF options. This filing is intended to enhance market transparency and improve investor access to Bitcoin-related investments.

Learn More
Notice 18 Apr 2025 compliance, investment funds, financial regulation, securities, ethereum

📈NYSE Arca Proposed Rule Change for Grayscale Ethereum ETF Staking

The SEC has extended the review period for NYSE Arca's proposed rule change to allow staking of Ether held by the Grayscale Ethereum Trust ETFs. The extended period aims to provide the Commission sufficient time to consider the implications of the proposed change and improve regulatory oversight before making a decision.

Learn More
Notice 17 Apr 2025 ofac, financial regulation, treasury, business, compliance, sanctions

🚫OFAC Sanctions Action and Its Implications for Businesses

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.

Learn More
Notice 17 Apr 2025 financial regulation, investment, ethereum, securities, etfs, options trading

🚀NYSE Arca Proposes Options Trading for Ether Funds

The Securities and Exchange Commission has published a notice regarding NYSE Arca's proposal to amend rules to allow trading options on the Grayscale Ethereum Trust and related ETFs. This regulatory change is designed to enhance market offerings and provide investors with additional tools for exposure to ether, while aligning with existing rules for ETFs.

Learn More