🏦Federal Reserve Notice on Change in Bank Control and Acquisitions
The Federal Reserve System has issued a notice regarding applications for acquiring shares of banks or bank holding companies under the Change in Bank Control Act. It outlines the public's ability to comment on these applications and the relevant regulatory compliance expectations. Interested parties are urged to submit comments to the respective Federal Reserve Banks before specified deadlines.
Learn More💳Extension of Regulation II Recordkeeping & Disclosure Requirements
The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Recordkeeping and Disclosure Requirements Associated with Regulation II (FR II; OMB No. 7100-0349).
Learn More📈SEC Proposal for Listing Shares of Canary SUI ETF
The Securities and Exchange Commission is considering a proposed rule change for the Cboe BZX Exchange to list and trade shares of the Canary SUI ETF. The proposal outlines the structure, governance, and operational details of the ETF, which will hold the SUI cryptocurrency, enhancing market accessibility for investors and reinforcing regulatory compliance in digital assets.
Learn More📈SEC Exemption Notice for KKR FS Income Trust Investment Class Shares
The Securities and Exchange Commission (SEC) issues a notice regarding KKR FS Income Trust's application for an exemption under the Investment Company Act. This would allow certain investment companies to issue multiple classes of shares, each with varying fees. The content includes details on applicant representation and the process required for public hearing requests.
Learn More📈SEC Extends SBSR Compliance Statement
The Securities and Exchange Commission is extending a statement regarding compliance with rules for security-based swap data repositories and Regulation SBSR.
Learn More💼NYSE Proposes New Rule for Principal Underwriters in IPOs
The Securities and Exchange Commission notices a proposed rule change by the New York Stock Exchange, introducing new requirements for principal underwriters involved in initial listings. This includes establishing a category of Limited Underwriting Members, impacting how businesses engage in underwriting for public offerings.
Learn More📜NCUA Solicits Comments on Share Insurance and Succession Planning Rules
Consistent with the January 20, 2025, White House memorandum to the Heads of Executive Departments and Agencies, captioned "Regulatory Freeze Pending Review," the NCUA Board (Board) is soliciting public comment for a period of 60 days on two of its recently published final rules that have not fully taken effect. Specifically, through publication of this notice, the Board invites comment on its final rule captioned "Simplification of Share Insurance," published on September 30, 2024, which takes full effect on December 1, 2026; and the final rule captioned "Succession Planning," published on December 26, 2024, which takes full effect on January 1, 2026. The public comment period will allow interested parties to provide comments about issues of fact, law, and policy raised by the two final rules.
Learn More💳MIAX Emerald Proposes Alternative Payment Instructions for Members
MIAX Emerald, LLC filed a proposed rule change to amend its billing system, allowing members to provide alternative payment instructions for fee collections. This change aims to ease operational burdens by enabling direct debits outside of the current Clearing Member requirements. The proposal seeks to provide flexibility while ensuring prompt fee collection for the Exchange.
Learn More🏦Federal Reserve Notice on Nonbanking Activities Proposals
The Federal Reserve System has issued a notice detailing proposals for companies to engage in nonbanking activities, as per the Bank Holding Company Act. It includes guidelines for public comments on these proposals and outlines specific companies involved. Interested parties can review compliance requirements and contribute their perspectives to the regulatory process.
Learn More📊SEC Extends Review Period for Proposed Amendment to Audit Trail Plan
The SEC has extended the review period for a proposed amendment to the Consolidated Audit Trail governing reporting requirements. Designed to include more verbal and floor activity, this amendment aims to enhance oversight within the National Market System Plan. The Commission is allowing additional time to assess policy issues and comments related to the proposal.
Learn More