📊New One-Minute Open-Close Report Offers Enhanced Trading Insights
The Securities and Exchange Commission has approved MIAX Emerald's proposed rule change to introduce a One-Minute Interval Intra-Day Open-Close Report. This new report, aimed at providing enhanced trading data, targets various market participants and is designed to improve trading decision-making through more frequent data updates, responding to evolving market needs.
Learn More📈Changes in Bank Control Notices and Compliance Requirements
The Federal Reserve System issued a notice regarding applications for acquiring shares in banks and bank holding companies under the Change in Bank Control Act. It outlines the factors for consideration, public comment procedures, and how interested parties can engage in the application process. The public may submit comments regarding these applications, highlighting transparency and regulatory compliance in banking.
Learn More📈Proposed Rule Change on Regular Hours Orders in Securities Trading
The Securities and Exchange Commission has issued a notice regarding a proposed rule change by 24X National Exchange LLC. This change mandates that Regular Hours Only orders must be submitted within specific timeframes, aligning the exchange's practices with those of other national exchanges and aiming to enhance market efficiency and investor protection.
Learn More📈Cboe EDGX Proposed Rule Amendments for Retail Orders
The Securities and Exchange Commission has initiated proceedings on Cboe EDGX's proposed amendments, allowing Retail Member Organizations to enter Retail Orders in a principal capacity. This change aims to enhance price execution for retail customers by permitting RMOs to provide additional price improvements, thus reshaping trading practices within the exchange structure.
Learn More💰24X National Exchange Proposes New Fee Structure for Members
The SEC has published notice regarding proposed fees and rebates by 24X National Exchange LLC, effective upon its launch as a national securities exchange. The proposal includes a competitive fee schedule aimed at attracting liquidity, with specific charges for removing liquidity and rebates for adding liquidity to the exchange. The structure is designed to encourage fair competition and price discovery among market participants.
Learn More💰Proposed Amendments to GEMX SQF Port Fees Impacting Market Makers
The Securities and Exchange Commission has published a notice regarding Nasdaq GEMX's proposed amendments to the pricing structure of its Specialized Quote Feed (SQF) Ports. These changes include new fee schedules for Market Makers, aiming to enhance trading capabilities while aligning with industry standards. The proposal emphasizes equity and non-discrimination among Market Makers using the platform.
Learn More📈SEC Notice on Canary HBAR ETF Proposed Rule Change
The SEC has extended the review period for approving a proposed rule change to list and trade shares of the Canary HBAR ETF under Nasdaq Rule 5711(d). This decision aims to provide the Commission with adequate time to consider the proposal and related issues raised during the comment period.
Learn More📈Cboe BZX Exchange’s New Closing Auction Rule Amendments
The SEC approved proposed rule changes by Cboe BZX Exchange to amend how Late-Limit-On-Close (LLOC) and Limit-On-Close (LOC) orders are priced and submitted. These changes aim to enhance market efficiency, reduce price volatility, and provide clearer pricing signals during the Closing Auction, potentially benefiting both users and overall market stability.
Learn More📈SEC Rule 17Ad-17
The SEC announces a request for an extension of information collection under Rule 17Ad-17, requiring brokers and transfer agents to search for lost securityholders and notify them. The rule involves maintaining records, incurs significant costs, and impacts a large number of financial entities. Public comments are invited on the proposed collection.
Learn More📉SEC Declares 24X National Exchange Minor Rule Violation Plan Effective
The SEC has declared effective a Minor Rule Violation Plan proposed by 24X National Exchange LLC. This plan will categorize specific rule violations as minor and allow fines not exceeding $2,500 without formal disciplinary proceedings. The Exchange will provide quarterly reports on any actions taken under this plan.
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