📈SEC Proposes Rule Change on OCC's Margin Call Process
The Securities and Exchange Commission has announced a notice regarding the Options Clearing Corporation's proposed updates to its portfolio revaluation process aimed at enhancing management of intraday margin calls. This notice extends the review period for the proposed rule change, allowing the Commission more time to consider its implications for risk exposure management among clearing members.
Learn More📊MIAX Emerald Extends Discount Program for Open-Close Report Data
The SEC announces MIAX Emerald's proposal to extend a 20% discount program for its Open-Close Report data until December 2025. This initiative aims to enhance accessibility and attract subscribers to historical trading data, which is vital for analyzing market trends and making informed trading decisions. The program targets both members and non-members of the exchange.
Learn More📈SEC Approves ICC's Recovery and Wind-Down Plans
The SEC has approved the proposed revisions to the Recovery Plan and Wind-Down Plan of ICE Clear Credit LLC, enhancing compliance with regulatory requirements for clearing agencies. The changes aim to ensure operational resilience and clarity in the event of financial disruptions, updating governance structures and operational protocols.
Learn More📊MIAX Sapphire Options Exchange Fee Discount Extension Notification
The Securities and Exchange Commission is notifying about MIAX Sapphire's proposed rule change to extend a temporary 20% discount on historical Open-Close Report data until December 31, 2025. This initiative aims to attract more subscribers and enhance competition among options exchanges by providing more accessible market data.
Learn More💰NYSE American Proposes Changes to Options Fee Schedule
The SEC has published a notice regarding NYSE American LLC's proposed modification of its Options Fee Schedule. The changes aim to restructure the Manual Billable Rebate Program for better clarity and usability, while also eliminating obsolete pricing references, thereby enhancing the understanding of available rebates for market participants.
Learn More📄SSA's Information Collection Activities Impacting Businesses
The Social Security Administration (SSA) published a notice regarding information collection activities requiring public comments. It covers various processes including disability reviews, consent-based SSN verification, and fee agreements for representation, emphasizing the significance of compliance and regulatory requirements that impact business operations related to Social Security services.
Learn More📈SEC Proposed Collection on Rule 604
The SEC is soliciting comments on the proposed collection of information under Rule 604, which requires the disclosure of customer limit orders. This rule aims to enhance market transparency, helping investors access better execution prices and facilitating a national market system for securities.
Learn More💼SEC Proposes Rule Changes on NYSE Connectivity Fee Structure
The Securities and Exchange Commission has extended the review period for proposed changes to connectivity fees by the NYSE and its affiliates. These changes aim to include fees for hardware procurement and managed services, requiring careful consideration from affected businesses regarding their operational and financial planning.
Learn More💼Proposed Connectivity Fees Impacting Business on LTSE
The Securities and Exchange Commission has published a notice regarding the Long-Term Stock Exchange's proposed amendment to its Fee Schedule. This amendment introduces connectivity fees for both physical and logical connections, aiming to align costs with the services provided and ensure operational efficiency amidst evolving market conditions.
Learn More🏦Regulatory Change in Bank Control Notices and Acquisitions
The Federal Reserve System has issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. The notice provides guidelines for interested parties to submit comments and outlines regulatory review criteria, ensuring transparency and public participation in the decision-making process.
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