Notice 29 May 2025 federal reserve, acquisition, financial services, public comment, regulatory compliance, bank holding company

🏦Notice on Bank Holding Company Formations and Acquisitions

The Federal Reserve has issued a notice regarding applications for the formation of bank holding companies, acquisitions, and mergers. The public can review these applications and comment on them, with details concerning how to submit feedback. This aligns with the Bank Holding Company Act and regulatory requirements in the financial sector.

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Notice 29 May 2025 sec, financial services, information collection, regulatory compliance, sro

📄SEC Proposed Collection

The SEC is seeking comments on information collection related to Rule 19d-1, which requires SROs to report certain actions, including disciplinary measures and delistings. The rule aims to ensure proper oversight and compliance within the financial sector, anticipating around 850 submissions annually from approximately 17 respondents.

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Notice 29 May 2025 nasdaq, financial services, options trading, regulatory fees, business compliance

💰Nasdaq MRX Proposes Changes to Options Regulatory Fee Structure

Nasdaq MRX plans to amend its Options Regulatory Fee structure to enhance revenue collection from member firms for options transactions. Effective January 2, 2026, the ORF will increase, affecting transaction costs for various market participants, with an intent to better align regulatory fees with actual regulatory costs incurred by the exchange.

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Notice 29 May 2025 investment advisers, sec, financial services, securities, regulatory compliance

📄SEC Notice on Rule 0-4 Submission for OMB Review

The SEC gives notice regarding the extension of Rule 0-4 under the Investment Advisers Act, which prescribes the requirements for applications seeking exemptive relief. The rule aims to guide the Commission in assessing exemption requests while detailing the associated cost burdens for applicants, which vary based on application complexity.

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Notice 29 May 2025 federal reserve, financial services, data collection, compliance, payments research, business regulation

💼Proposed Payments Research Survey - Federal Reserve Comment Request

The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Payments Research Survey (FR 3067; OMB No. 7100-0355).

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Notice 29 May 2025 occ, financial services, regulations, compliance, structured finance

📄OCC Notice on Information Collection for Complex Finance Transactions

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, "Interagency Statement on Complex Structured Finance Transactions." The OCC also is giving notice that it has sent the collection to OMB for review.

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Notice 28 May 2025 self-regulatory organizations, sec, disciplinary actions, regulatory compliance, financial services

📄SEC Rule 19d-3

The SEC is soliciting comments on Rule 19d-3, which governs applications for review of final disciplinary actions by self-regulatory organizations. This includes sanctions, membership denials, and access prohibitions. The notice outlines the expected burden on respondents regarding compliance and seeks public feedback to optimize the information collection process.

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Notice 28 May 2025 business development companies, sec, investment, regulatory compliance, financial services

📈SEC Approves Multiple Share Classes for Investment Companies

The SEC issued a notice regarding Vista Credit BDC Management's application for an exemption under the Investment Company Act of 1940. This exemption allows registered closed-end investment companies to issue multiple classes of shares with different sales loads and fees, potentially enhancing funding options for business development companies.

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Notice 28 May 2025 business conduct standards, regulation, securities, compliance, financial services, dodd-frank act

📈Proposed Business Conduct Standards for Swap Dealers and Participants

The SEC is seeking comments on proposed information collection related to business conduct standards for security-based swap dealers and major participants. This initiative aims to enhance transparency and investor protection within the security-based swap market, requiring detailed disclosures and compliance measures for involved entities.

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Notice 28 May 2025 regulation, legal, sec, investment, compliance, financial services

📄SEC Proposed Collection

The Securities and Exchange Commission is seeking comments on existing information collections pertaining to Rule 17a-10, which regulates transactions between registered investment companies and their affiliates. The proposal emphasizes compliance requirements for subadvisers and associated documentation modifications necessary for legal adherence to the rule.

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