Notice 10 Sep 2025 investment companies, securities, financial regulation, sec, co-investment

🤝SEC Notice on Co-Investment for Oaktree Strategic Credit Fund

The SEC issued a notice of application for an order permitting Oaktree Strategic Credit Fund and affiliated companies to engage in joint transactions for co-investing in portfolio companies, seeking regulatory relief from the Investment Company Act provisions. Interested parties can request a hearing on the matter by the specified deadline.

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Notice 10 Sep 2025 financial regulation, equipment financing, erisa, employee benefits, loans, business compliance, labor unions

⚙️Proposed Exemption for Union Equipment Loans Under ERISA

This proposed exemption would permit certain loans from the International Union of Operating Engineers Local Union 627 (Local 627) to the Plan, so the Plan can purchase heavy machinery to fulfill its mission. As described below, absent an exemption, the loans would violate certain prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

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Notice 9 Sep 2025 financial regulation, securities, market data, cboe, trading fees, all cancels report

📈Cboe BYX Introduces Fees for All Cancels Report

The Cboe BYX Exchange proposes to implement fees for its new All Cancels Report, designed to offer market participants insights into cancel behavior and messaging activity. This report will enhance data availability and analysis for businesses, supporting their trading efficacy. A monthly fee structure is proposed, with options for bundled subscriptions.

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Notice 9 Sep 2025 de-spac, financial regulation, listing requirements, public offerings, nasdaq, sec, spacs

📈Nasdaq Proposes Changes to Listing Rules for de-SPAC Transactions

The SEC published a notice regarding Nasdaq's proposed amendments to initial listing requirements for de-SPAC transactions, aimed at aligning OTC trading SPACs with listed SPACs. The changes are designed to ensure consistent investor protections and improve market operations, simplifying the regulatory landscape for companies engaging in business combinations via SPACs.

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Notice 8 Sep 2025 trading, fees, market data, securities, financial regulation, ltse

📊Proposed Market Data Fees by Long-Term Stock Exchange Explained

The Securities and Exchange Commission has published a notice about the Long-Term Stock Exchange's proposed rule change to amend its fee schedule, introducing fees for proprietary market data feeds, including Depth of Book and Top of Book. This proposal is aimed at covering the costs associated with providing these services and enhancing financial transparency within the market.

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Notice 5 Sep 2025 managed services, hardware procurement, nyse, colocation, financial regulation, data services

💼NYSE Texas Proposes New Hardware and Managed Services

The NYSE Texas, Inc. proposed an amendment to its Connectivity Fee Schedule to incorporate hardware procurement and managed services. These changes aim to facilitate easier access to required technological resources for Users in colocation halls at the Mahwah Data Center, enhancing operational efficiency for market participants.

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Notice 3 Sep 2025 securities exchange, rule change, financial regulation, miami international securities exchange, member compensation, operational error

💰MIAX Sapphire Proposes Accommodation Payment Following Operational Error

The Securities and Exchange Commission has published notice regarding MIAX Sapphire’s proposal to amend Exchange Rule 527, offering a one-time accommodation payment to members affected by an operational error on June 3, 2025. This initiative aims to mitigate financial losses incurred by members during the incident, ensuring fair and equitable treatment within the trading environment.

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Notice 3 Sep 2025 market data, nyse, connectivity fees, colocation services, financial regulation

📈NYSE National Proposes Changes to Connectivity Fee Schedule

The NYSE National, Inc. has filed a proposed rule change to amend its Connectivity Fee Schedule, incorporating the NYSE Texas Feed into its list of Included Data Products. This change allows users to connect to the additional data feed without incurring extra charges, ensuring that all users have equitable access to market data and maintaining transparency in service offerings.

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Notice 3 Sep 2025 compliance, sec, deregistration, financial regulation, business management, investment companies

📉SEC Notice on Investment Company Deregistration Applications

Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. The applicant has transferred its assets to First Trust Exchange-Traded Fund VIII, and on June 30, 2025 made a final distribution to its shareholders based on net asset value. Expenses of $451,616.94 incurred in connection with the reorganization were paid by the applicant and the applicant's investment adviser. Filing Date: The application was filed on August 4, 2025. Applicant's Address: 120 East Liberty Drive, Suite 400, Wheaton, Illinois 60187.

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Notice 3 Sep 2025 market data, nyse, connectivity fees, colocation services, financial regulation

📈NYSE Texas Proposes Connectivity Fee Schedule Update

NYSE Texas has proposed a rule change to amend its Connectivity Fee Schedule, allowing users to access a new proprietary market data product, "NYSE Texas Order Imbalances," without additional charges. The change aims to enhance market transparency and facilitate data connectivity for market participants engaged in trading activities.

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