📈Cboe BZX Proposal for Multi-Class ETF Shares Trading
Cboe BZX Exchange has filed a notice for proposed amendments aimed at allowing the generic listing and trading of Multi-Class ETF Shares. The notice addresses compliance with regulatory frameworks and outlines the requirements associated with the exchange of these financial products, aiming to streamline processes for a potential new class of ETFs.
Learn More📈SEC Proposes Rule Change for Options on Commodity-Based Trust Shares
The SEC has published a notice related to the proposed rule change by NYSE Arca to amend its rules, allowing options on Commodity-Based Trust Shares. This move aims to enhance trading opportunities and promote competition among exchanges, making it easier for investors to manage their commodity exposure through listed options. The proposal is part of broader efforts to streamline approval processes and increase market transparency.
Learn More🏦Change in Bank Control Notices and Acquisitions by Federal Reserve
The Federal Reserve has issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. It outlines the application process, public comment opportunities, and details on specific applications that could affect bank control dynamics, pushing for transparency and stakeholder engagement in financial governance.
Learn More📈SEC Extends Review Period for 21Shares Core Solana ETF Listing
The SEC has announced a longer review period for Cboe BZX's proposed rule change to list and trade shares of the 21Shares Core Solana ETF. Initially filed on January 28, 2025, this extension allows additional time for consideration of the proposal and related issues before a decision is made by May 19, 2025.
Learn More💵Geographic Targeting Order for Money Services Businesses in the U.S.
FinCEN is issuing notice of a Geographic Targeting Order, requiring certain money services businesses along the southwest border of the United States to report and retain records of transactions in currency of more than $200 but not more than $10,000, and to verify the identity of persons presenting such transactions.
Learn More🚫OFAC Sanctions Action - Business Compliance Overview
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) published the name of one individual and one entity that has 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 this individual and entity are blocked, and U.S. persons are generally prohibited from engaging in transactions with this individual and entity.
Learn More🏦OCC Requests Comment on Leveraged Lending Information Collection
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, "Leveraged Lending."
Learn More📈SEC Notice on TCW Direct Lending VII LLC Application
The SEC issued a notice regarding an application by TCW Direct Lending VII LLC to permit certain joint transactions, enabling specific investors to exchange their units for shares in an Extension Fund. The notice outlines the process for interested parties to request a hearing and provides contacts for further information.
Learn More📊Proposed Market Data Fees by Long-Term Stock Exchange
The Securities and Exchange Commission has published a notice regarding a proposed rule change by the Long-Term Stock Exchange, Inc., focusing on establishing new market data fees. This includes fees for proprietary data feeds such as Depth of Book and Top of Book, with the aim of amending the existing fee schedule effective February 14, 2025. The SEC is inviting public comments on this proposal.
Learn More💹SEC Notice on In-Kind Transactions for VanEck Bitcoin & Ethereum Trusts
The SEC is soliciting comments on Cboe BZX Exchange's proposed rule change to permit in-kind creations and redemptions for the VanEck Bitcoin and Ethereum Trusts. This rule aims to improve market efficiency, allowing authorized participants to utilize both bitcoin and cash in transactions, which could impact pricing and trading strategies for investors and firms in these markets.
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