💼DFC Seeks Comments on Investment Funds Application Information Collection
Under the provisions of the Paperwork Reduction Act, agencies are required to publish a notice in the Federal Register notifying the public that the agency is renewing an existing information collection for OMB review and approval and requests public review and comment on the submission. Comments are being solicited on the need for the information; the accuracy of the burden estimate; the quality, practical utility, and clarity of the information to be collected; and ways to minimize reporting the burden, including automated collected techniques and uses of other forms of technology.
Learn More⏳SEC Delays Effective Dates for Form N-PORT and N-CEN Compliance
The Securities and Exchange Commission ("Commission") is delaying the effective date for the amendments to Form N-PORT that were published on September 11, 2024, from November 17, 2025, to November 17, 2027. The Commission is also delaying the effective date of the amendments to the rule under the Investment Company Act of 1940 ("Investment Company Act") associated with Form N-PORT reporting requirements. In addition, the Commission is delaying the compliance dates for these amendments related to Form N-PORT reporting requirements. The effective and compliance date for the amendments to Form N-CEN contained in the same release published on September 11, 2024, will remain November 17, 2025.
Learn More📈NYSE Arca Proposed Rule Change for Grayscale Ethereum ETF Staking
The SEC has extended the review period for NYSE Arca's proposed rule change to allow staking of Ether held by the Grayscale Ethereum Trust ETFs. The extended period aims to provide the Commission sufficient time to consider the implications of the proposed change and improve regulatory oversight before making a decision.
Learn More📈Nasdaq BX Proposes Rule Change for Ethereum Trusts Options Listing
Nasdaq BX has filed a notice regarding a proposed rule change to amend its options trading rules, enabling the listing of options on multiple Ethereum-based investment trusts. The proposal aligns with recent approvals from other exchanges, establishing standardized position and exercise limits for these options to enhance market fairness and protect investors.
Learn More💼SEC Rule 12b-1 Compliance and Business Implications
The Securities and Exchange Commission (SEC) issued a notice regarding the extension of Rule 12b-1, which governs the distribution expenses of registered open-end investment companies. The rule mandates written plans and board approvals to ensure compliance and protect shareholder interests, requiring funds to maintain specific records and reporting practices for effective oversight.
Learn More📊DOL Seeks Comments on Prohibited Transaction Class Exemption
The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
Learn More📝DOL Submits Comment Request on Investment Fund Regulations
The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
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