📉SEC Approves Allocation of Regulatory Responsibilities Between FINRA and GIX
The SEC has approved a regulatory plan that allows FINRA to assume examination and enforcement responsibilities from GIX for common members. The plan aims to reduce regulatory duplication, promote efficiency, and enhance investor protection by coordinating oversight between the two organizations. This shift is part of ongoing efforts to streamline compliance processes within the securities industry.
Learn More📈SEC Notice on Regulatory Responsibilities Allocation Between FINRA and GIX
The SEC publishes a notice regarding a proposed regulatory responsibility allocation plan between FINRA and Green Impact Exchange, LLC (GIX). The plan seeks to alleviate regulatory redundancies for firms that are members of both organizations, specifically addressing compliance with rules and regulations to enhance operational efficiency and oversight.
Learn More📈GIX Registration as a National Securities Exchange Approved
The Securities and Exchange Commission has granted approval for Green Impact Exchange (GIX) to register as a national securities exchange, marking a new chapter in the regulation of securities trading. The text details the procedural history of GIX's application, necessary amendments, and the governance structure set to ensure compliance with federal securities laws.
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