💰NYSE Connectivity Fee Schedule Amendment Proposal Overview
The SEC has published a notice regarding NYSE's proposed rule to amend its Connectivity Fee Schedule for colocation services, which includes updates to the Included Data Products table. This aims to enhance transparency and access without additional costs, allowing users to tailor their service according to their needs without imposing charges on different market participant types.
Learn More📈SEC Notice on Amendment to National Market System Plan
The Securities and Exchange Commission issued a notice regarding the filing of an amendment to the National Market System Plan, proposing to add 24X National Exchange LLC as a party. This amendment aims to further manage the selection and reservation of securities symbols, inviting comments from interested parties on the changes proposed.
Learn More📄SEC Rule 17a-10 Submission for OMB Review and Compliance
The SEC announces a request for OMB review regarding Rule 17a-10, which allows subadvisers to engage in transactions with affiliated funds. The document details the regulatory requirements and estimated compliance costs for investment companies, emphasizing necessary contractual modifications to comply with the rule.
Learn More🏦Federal Reserve Notice on Bank Holding Companies Regulation
The notice from the Federal Reserve outlines applications for the formation and acquisition of bank holding companies under the Bank Holding Company Act. It provides details on public comment procedures and the regulatory framework governing the approval process, emphasizing transparency and public disclosure of comments received.
Learn More📈Proposed Rule Change for Basis Risk Haircut Charge by FICC
The Securities and Exchange Commission has announced a proposed rule change by the Fixed Income Clearing Corporation to add a basis risk haircut charge into margin models. The change aims to enhance the management of market risk associated with mortgage-backed securities and clarify methodologies in the QRM Methodology Document.
Learn More📄SEC Notice on Proposed Amendments to Clearing Member Agreement
The Securities and Exchange Commission announces the immediate effectiveness of a proposed rule change by The Options Clearing Corporation concerning the Clearing Member Agreement. The amendment removes the requirement for an Officer's Certificate, enhancing the application process for clearing membership by accommodating diverse corporate governance practices, ultimately streamlining administrative procedures.
Learn More🏦Treasury Information Collection Notice and Business Implications
The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.
Learn More📑CFPB Proposes Standard for Nonbank Supervision and Consumer Risks
The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing to adopt a standard definition of "risks to consumers with regard to the offering or provision of consumer financial products or services" that will bind the Bureau in proceedings to designate nonbank covered persons for Bureau supervision. This will ensure that the Bureau acts within the bounds of its statutory authority and provide clarity to institutions about the standard the Bureau applies.
Learn More📈Cboe Introduces Fees for One-Minute Interval Trading Data
The Cboe C2 Exchange has proposed a fee structure for its new One-Minute Interval Intraday Open-Close Report, allowing firms to access detailed trading data with subscription and ad-hoc purchasing options. The proposal also includes a Qualifying Academic Discount for educational institutions, expecting to enhance insight into trading activities.
Learn More📈NYSE Texas Proposes Changes to Fee Schedule for Drop Copy Port
The Securities and Exchange Commission has published a notice regarding NYSE Texas's proposed rule change to amend its Fee Schedule by adding a drop copy port that mirrors the one from NYSE Arca. This optional service aims to enhance order activity tracking without imposing additional fees for redundant data streams.
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