📑PBGC Seeks Extension of Information Collection for Administrative Appeals
The Pension Benefit Guaranty Corporation (PBGC) is requesting that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act of a collection of information contained in its regulation on Rules for Administrative Review of Agency Decisions. This notice informs the public of PBGC's request and solicits public comment on the collection of information.
Learn More💵MEMX Proposes Extension of Options Regulatory Fee Until December 2025
MEMX LLC has filed a proposal to extend the Options Regulatory Fee (ORF) until December 31, 2025, allowing for continued recovery of regulatory costs. This decision follows ongoing discussions regarding alternative ORF models among market participants, highlighting the necessity for a uniform approach to regulatory fees across U.S. options exchanges.
Learn More📈Cboe's Proposed Rule Change for Exclusively Listed Options Opening
The Securities and Exchange Commission discusses Cboe C2 Exchange's proposed amendments to its opening process for exclusively listed index options. The changes aim to streamline trading, allowing quicker openings even amid wide market conditions. The proposal seeks to enhance transparency and efficiency, benefiting market participants and supporting fair trading practices.
Learn More📄Proposed Revisions to SEC Exchange Act Rules Affecting Businesses
The SEC seeks comments on proposed revisions to Exchange Act Rules 15Ba2-1, 15Bc3-1, and others, consolidating information collections for municipal securities dealers. The updates aim to improve efficiency and transparency in the registration process, including amendments to Forms MSD and MSDW. Public comments are invited on the implications of these changes.
Learn More📈Cboe EDGX Proposes Changes to Options Opening Process
Cboe EDGX Exchange proposes a new rule to automate the opening process for exclusively listed index options, enabling quicker market entry even without a Composite Market. This aims to enhance market efficiency, allowing participants to trade and manage their positions more effectively, thereby promoting a fair and orderly market.
Learn More☁️SEC Approves Clearing Agencies' Cloud Infrastructure Transition
The SEC has issued a notice of no objection for the Depository Trust Company, Fixed Income Clearing Corporation, and National Securities Clearing Corporation to host core clearance and settlement systems on a public cloud. This transition aims to enhance operational resilience and modernize technology, aligning with risk management principles while ensuring compliance with regulatory standards.
Learn More📈FICC Proposed Rule Changes for Intraday Margin Collection
The SEC has approved a proposed rule change by the FICC concerning enhancements in the collection of intraday margins, requiring more frequent monitoring and adjustments based on market volatility. This change aims to improve financial stability and safeguard investor interests while aligning with new regulatory requirements under the CCAS Margin Rules.
Learn More🏡HUD Notice on Ginnie Mae Mortgage-Backed Securities Proposal
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comments from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.
Learn More📈SEC Proposal for Listing Multi-Class ETFs on Cboe BZX Exchange
The Cboe BZX Exchange has submitted a proposal to the SEC to adopt a new rule permitting the generic listing and trading of Multi-Class Exchange-Traded Fund (ETF) shares. This initiative aims to streamline processes for listing while complying with the Investment Company Act, enhancing investor options and market efficiency.
Learn More💵New Liquidity Risk Framework Changes Approved for LCH SA
The Securities and Exchange Commission has approved revisions to LCH SA's Liquidity Risk Modelling Framework, enhancing its approach to managing liquidity risks associated with clearing services. The updates aim to clarify operational requirements, improve data accuracy, and ensure compliance with regulatory standards for effective liquidity management.
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