📝SEC Form ID Submission Extension for OMB Review
The SEC has initiated a request for an extension of Form ID, necessary for gaining access to the EDGAR electronic filing system. This form must be filed by individuals and organizations seeking to comply with federal securities laws, ensuring secure access to the Commission's data gathering and retrieval services. The regulation underscores the importance of maintaining up-to-date compliance with securities disclosures.
Learn More📈BOX Exchange Proposes Increased Rebates for Floor Brokers
The Securities and Exchange Commission has received a notice from BOX Exchange LLC proposing a rule change to amend transaction fees and increase order rebates for Floor Brokers. The change aims to enhance trading efficiency on the BOX Options Market by adjusting the fee structure for various market participants. Interested parties can submit comments regarding this proposal.
Learn More📈SEC Notice on Changes to MIAX Options Fee Schedule
The SEC has published a notice regarding the Miami International Securities Exchange's proposed amendment to its Fee Schedule, specifically the removal of fees and the termination of the Market Maker Incentive Program for SPIKES options. The changes are slated to take effect on February 1, 2025, following immediate effectiveness designation. The SEC is soliciting public comment on the proposed rule change.
Learn More💰Proposed Rule Change Affecting Options Fees and Rebates
The SEC has published a notice regarding a proposed rule change by Nasdaq PHLX LLC to amend its pricing schedule for options trading. This includes new fees and rebates related to executing trades in SPY options and stock-option orders, aiming to enhance market efficiencies and participant engagement. Comments on the proposed changes are invited from interested parties.
Learn More📈SEC Orders Review of Nasdaq's Market Data Fee Increase Proposal
The SEC issued an order regarding Nasdaq's proposed fee increases for market data and connectivity products, which faced disapproval. The order allows for petitions regarding the disapproval, indicating ongoing scrutiny of fee structures related to market data services that could influence market access and costs for businesses.
Learn More🔒SEC Closed Meeting Notification
The Securities and Exchange Commission announces a closed meeting on critical regulatory issues, including discussions on injunctive actions and administrative proceedings. Such meetings may lead to significant decisions impacting businesses linked to compliance and enforcement actions, with potential repercussions in the financial sector and beyond.
Learn More📈Cboe BZX Exchange Proposed Rule Change for 21Shares Core Solana ETF
The Cboe BZX Exchange filed a notice for the proposed rule change to list and trade the 21Shares Core Solana ETF, aiming to regulate trading of SOL through a transparent platform. The proposal addresses compliance, investor protection, and market surveillance while offering investors a new channel for cryptocurrency investments.
Learn More📈SEC Notice for Proposed VanEck Solana Trust Trading Rule Change
The SEC announces a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the VanEck Solana Trust under Commodity-Based Trust Shares. This initiative aims to enhance investor protection and improve market access for Solana, a decentralized digital asset, while ensuring compliance with existing regulations.
Learn More🏦Notice of Nonbanking Activity Proposals by Federal Reserve
The Federal Reserve System has issued a notice regarding companies seeking to engage in permissible nonbanking activities under the Bank Holding Company Act. The notice provides information on public comments about these proposals and details specific activities that companies, such as WaFd, Inc., intend to pursue as they expand their services.
Learn More🏦Federal Reserve Change in Bank Control Notices Overview
The Federal Reserve announces changes regarding bank control notices, addressing acquisitions of bank shares under the Change in Bank Control Act. The document outlines the submission process for public comments and details relevant parties involved in the applications, providing insights for stakeholders in the financial sector.
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