📈SEC Notice on Blue Owl's Investment Fund Exemption Application
The SEC has issued a notice regarding an application from Blue Owl Alternative Credit Fund for an exemption under the Investment Company Act of 1940. This exemption would allow the fund to issue multiple classes of shares and implement fees, which could enhance its operational flexibility and distribution strategies. Interested parties may request a hearing before the Commission concerning this application.
Learn More💰Cboe Exchange Proposes Bitcoin Options Trading Regulations
The Cboe Exchange, Inc. has filed a proposal to amend its rules, allowing the listing and trading of options on the VanEck Bitcoin Trust. This initiative aims to provide investors with additional investment tools for exposure to Bitcoin, promoting market transparency and establishing tighter regulatory frameworks to enhance trading efficiency.
Learn More🏦Change in Bank Control Notices and Acquisitions of Shares
The Federal Reserve System issued a notice regarding applications under the Change in Bank Control Act for acquiring shares of banks or bank holding companies. The public can inspect application details, express views, and provide comments, which are subject to public disclosure.
Learn More💰SEC Approves MEMX LLC to List Options on Precious Metal ETFs
The SEC has approved MEMX LLC's proposed rule change, allowing the exchange to list options on several Precious Metal ETFs, including those for gold, silver, palladium, and platinum. This aims to provide investors with additional trading opportunities and hedging strategies in commodities, enhancing their market participation and risk management capabilities.
Learn More🏦Federal Reserve Notice on Bank Holding Company Mergers
This notice discusses the Federal Reserve's approval process for bank holding companies seeking to merge or acquire other banks and related companies. It details application availability, public commentary procedures, and regulatory compliance under the Bank Holding Company Act, emphasizing public transparency and engagement in the approval process.
Learn More📉Gemini Investors VI, L.P. License Surrender
The U.S. Small Business Administration has declared the license of Gemini Investors VI, L.P. as null and void, effectively surrendering its Small Business Investment Company license. This regulatory announcement signals changes in the investment landscape for small businesses affiliated with Gemini Investors VI and may influence their financial operations going forward.
Learn More🌊Proposed Regulation H
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision, the Recordkeeping and Disclosure Requirements Associated with Regulation H (Loans Secured by Real Estate Located in Flood Hazard Areas) (FR H-2; OMB No. 7100-0280).
Learn More📈SEC Proposes Elimination of Position Limits on S&P 500 Options
The Securities and Exchange Commission announced a proposed rule change by Cboe Exchange to eliminate position and exercise limits for options overlying the S&P 500 Equal Weight and ESG Indexes. This change aims to provide market participants with enhanced trading flexibility and aligns these options with existing rules for other indices. The proposal is now open for public comment.
Learn More💰Cboe BZX Proposes Increase in 10 Gb Physical Port Fees
Cboe BZX Exchange proposes a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500 in order to align with inflation and enhance market technology. The fee adjustment aims to maintain service quality while being competitive compared to similar services in the market.
Learn More⚖️Proposed Regulatory Changes for DTC Participant System Disruptions
The document posted by the SEC details proposed amendments to the Disruption Rules of the Depository Trust Company, focusing on enhancing protocols for managing system disruptions. Key changes include updated definitions, notification requirements, and governance structures for addressing Major System Events, aimed at improving operational resilience and compliance among market participants.
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