🏦Federal Reserve Notice on Bank Holding Company Mergers and Acquisitions
The Federal Reserve System announces the applications for formations, acquisitions, and mergers of bank holding companies, inviting public comments on these proposals. Entities may seek approval under the Bank Holding Company Act, with details about involved banks and comment submission guidelines provided for public transparency.
Learn More💹NYSE Proposes FLEX Options Trading for Grayscale Bitcoin Trust
The SEC is considering a proposed rule change by NYSE American LLC to allow the trading of FLEX options on the Grayscale Bitcoin Trust (GBTC). This move aims to enhance liquidity and provide better risk management options for investors, while ensuring robust surveillance to protect market integrity against manipulation.
Learn More📊SEC Proposal to Amend Clearing Agency Risk Management Framework
The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company to amend its Clearing Agency Risk Management Framework. The amendments aim to clarify processes surrounding risk management and improve overall operational efficiency. Stakeholders are invited to submit comments on the proposed changes.
Learn More📈Cboe EDGX Proposes Rule Change for Options on Commodity Trust Shares
The Securities and Exchange Commission published a notice regarding Cboe EDGX Exchange's proposed rule change to permit listing options on Commodity-Based Trust Shares. This change aims to enhance market opportunities and allow for better risk management through options trading. The proposal emphasizes the benefits of competition and efficiency in trading practices.
Learn More📈MIAX Emerald Options Exchange Proposes New Fee Schedule Changes
The Securities and Exchange Commission publishes a notice of MIAX Emerald's proposed amendments to its Options Exchange Fee Schedule, introducing new categories for proprietary market data feeds. The proposal is designated for immediate effectiveness and solicits public comments before potential implementation.
Learn More📈FICC Proposes Amendments to Risk Management Framework
The SEC published a notice regarding FICC's proposed rule change to amend its Risk Management Framework. The changes aim to clarify the quarterly escalation process, annual reviews, and eliminate references to the Systemic Risk Council. Stakeholders are invited to submit comments regarding the proposed changes.
Learn More📈SEC Notice on Cboe BZX Proposed Rule for Options on Ethereum Fund
The SEC has issued a notice extending the review period for Cboe BZX Exchange's proposed rule change to list options on the Fidelity Ethereum Fund. This decision allows more time for comprehensive evaluation, reflecting the Commission's commitment to carefully consider developments in the emerging cryptocurrency trading landscape.
Learn More📈SEC Notice on Fidelity Ethereum Fund Options Listing
The SEC issued a notice regarding the Cboe EDGX Exchange's proposed rule change to list options on the Fidelity Ethereum Fund. The notice indicates an extension of the Commission's review period to allow adequate consideration of this significant financial instrument, with the new decision deadline set for May 14, 2025.
Learn More📈SEC Notice for Investment Company Act Exemption on Share Classes
The SEC issued a notice regarding an application for exemptions under the Investment Company Act of 1940, enabling certain registered closed-end investment companies to issue multiple classes of shares featuring varying sales loads and distribution fees. The applicants include Ares Capital Management and affiliated funds. Interested parties can request a hearing on the matter before the deadline.
Learn More⚖️FINRA Proposes Accelerated Arbitration Rules for Older and Ill Parties
The SEC published a notice regarding FINRA's proposed rule change to amend the Codes of Arbitration Procedure, enabling accelerated processing for arbitration cases involving parties aged 70 or older or those with qualifying health conditions. This rule aims to shorten arbitration timelines significantly, enhancing accessibility for vulnerable populations in financial disputes.
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