📈Cboe Proposes Amendments to Compliance Rules for Trading Permit Holders
The Cboe Exchange has filed a notice for proposed rule changes concerning the supervisory reporting processes for Trading Permit Holders, aiming to align its regulations with standards set by FINRA and NYSE. The proposed amendments are focused on enhancing compliance protocols and simplifying annual reporting procedures for members participating in multiple exchanges.
Learn More📈MX2 LLC Secures SEC Registration as National Securities Exchange
The Securities and Exchange Commission has approved MX2 LLC's registration as a national securities exchange, which outlines governance and regulatory standards for its operation. This decision involves comprehensive compliance measures that aim to enhance market integrity and investor protection while ensuring fair trading practices.
Learn More⚖️FINRA Proposes Accelerated Arbitration Rules for Older and Ill Parties
The SEC published a notice regarding FINRA's proposed rule change to amend the Codes of Arbitration Procedure, enabling accelerated processing for arbitration cases involving parties aged 70 or older or those with qualifying health conditions. This rule aims to shorten arbitration timelines significantly, enhancing accessibility for vulnerable populations in financial disputes.
Learn More🚫OFAC Sanctions Actions
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing the names of one or more persons that have been placed on OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) based on OFAC's determination that one or more applicable legal criteria were satisfied. All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Learn More📈NYSE Arca Proposes Increase in Port Fees
The Securities and Exchange Commission announces NYSE Arca's proposed rule change to amend its Fee Schedule, specifically increasing port fees effective March 3, 2025. The proposal aims to streamline the fee structure and remove outdated language, with an opportunity for public comment on the change during the filing process.
Learn More📈SEC Extends Review Period for Cboe BZX’s Canary XRP Trust Proposal
The SEC has designated an extended review period for Cboe BZX's proposed rule change to list and trade shares of the Canary XRP Trust. This action is part of the Commission’s regulatory process to ensure proper evaluation of the implications surrounding the potential inclusion of cryptocurrency-based trust shares in trading.
Learn More💰Nasdaq PHLX Proposed Rule Change on Options Trading Fees
Nasdaq PHLX LLC has filed a proposed rule change to amend its Pricing Schedule concerning Qualified Contingent Cross Rebates and the Floor Broker Incentive Program. The proposal aims to adjust qualifying criteria and rebate structures to enhance trading incentives and operational efficiency. The Commission is seeking public comments on this regulatory change.
Learn More📈SEC Extends Review Period for Grayscale XRP Trust Listing Proposal
The SEC has published a notice regarding a proposed rule change by NYSE Arca to list shares of the Grayscale XRP Trust. This notice includes an amendment and extends the review period, allowing more time for consideration of the proposal and the issues raised by it. The proposed changes indicate a significant development in the cryptocurrency investment space.
Learn More💰SEC Notice on Proposed Rule Change for Bitwise XRP ETF Listing
The SEC has designated a longer period to review a proposed rule change by Cboe BZX Exchange to list shares of the Bitwise XRP ETF. This extension allows the SEC ample time to consider the complexities and implications related to cryptocurrencies and investment regulations before making a final decision.
Learn More📈NYSE Arca Proposes Rule Change to Enhance Trading Strategies
NYSE Arca has filed a proposed rule change to amend Rules 7.31-E and 7.37-E, introducing an optional routing strategy for MPL-IOC Orders. The change is aimed at improving trading efficiency and accessibility for ETP Holders and is set to take effect immediately upon filing. Public comments are invited on the proposal.
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