📈SEC Notice for RJ Private Credit Income Fund Exemption Application
The SEC has issued a notice regarding the RJ Private Credit Income Fund's application for exemptions from specific sections of the Investment Company Act of 1940. The application aims to enable certain closed-end investment companies to issue multiple classes of shares and charge early withdrawal fees. Interested parties may request a hearing on the matter.
Learn More💰Nasdaq PHLX Proposes Rule Changes Affecting Options Fees
The Nasdaq PHLX has filed a proposed rule change to amend its Pricing Schedule related to Multiply Listed Options Fees and clarify the structure of Floor Qualified Contingent Cross Rebates, highlighting how these rebates are paid to Floor Brokers and their potential impact on trading dynamics within the market.
Learn More📊LTSE Proposed Market Data Fees
The Long-Term Stock Exchange, Inc. proposes a rule change to establish market data fees for its proprietary feeds, including Depth of Book and Top of Book. The new fee structure aims to equitably allocate costs among market participants without imposing undue burdens while ensuring transparency and competitiveness within the exchange industry.
Learn More📈New Compliance Requirements for Non-Centrally Cleared Repo Transactions
The Office of Financial Research (the "Office") within the U.S. Department of the Treasury ("Treasury") is extending the compliance date for certain financial companies to report to the Office certain non-centrally cleared bilateral transactions in the U.S. repurchase agreement ("repo") market. This data collection requires daily reporting to the Office by certain brokers, dealers, and other financial companies with large exposures to non-centrally cleared bilateral repo ("NCCBR") transactions.
Learn More🚫OFAC Sanctions Action
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 generally are prohibited from engaging in transactions with them.
Learn More💰LTSE Proposes New Connectivity Fees for Market Participants
The Long-Term Stock Exchange (LTSE) has filed a proposed rule change to implement new connectivity fees, impacting both its members and non-members. These fees relate to physical and logical connectivity necessary for participants to interface with the Exchange's new trading system. The rule aims to recover costs associated with providing these connectivity services.
Learn More💵Cboe C2 Exchange Proposes Fee Increase for 10 Gb Physical Ports
The Cboe C2 Exchange has filed a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment aims to support enhanced market technology and connectivity services, citing inflation and the need for continued improvements in performance and capacity as justifications for the increase.
Learn More📈Proposed Changes to Exchange Rule 1308 on Supervisory Controls
The Securities and Exchange Commission has published a notice regarding a proposed rule change by the Miami International Securities Exchange. The amendment to Exchange Rule 1308 seeks to update the supervision of accounts, aligning annual reporting requirements with those of FINRA and NYSE, thereby enhancing compliance flexibility for Members while maintaining oversight effectiveness.
Learn More🏢Agency Information Collection Renewal on Leasing by OCC
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a continuing information collection, as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, "Leasing."
Learn More🏦Federal Reserve Notice on Bank Control Change and Acquisitions
The Federal Reserve System has issued a notice regarding applications for acquiring shares of savings and loan holding companies under the Change in Bank Control Act. Public comments are invited concerning the applications, which are subject to disclosure, emphasizing the importance of transparency and regulatory compliance in financial acquisitions.
Learn More