📈Nasdaq Considers VanEck Avalanche ETF Listing Proposal
The SEC has instituted proceedings to evaluate the proposed rule change for listing and trading shares of the VanEck Avalanche ETF under Nasdaq Rule 5711(d). The ETF aims to reflect the performance of the AVAX token and will involve unique operational processes including staking activities. Interested parties are invited to submit comments regarding the proposal's implications and adherence to regulatory standards.
Learn More📈SEC Reviews Proposed Rule Change for Canary SUI ETF Listing
The SEC is considering a proposed rule change for the Cboe BZX Exchange to list and trade shares of the Canary SUI ETF, which aims to track the performance of the SUI cryptocurrency. The proposal's review includes assessing its compliance with regulatory standards focused on investor protection and market integrity.
Learn More📈SEC Notice on Joint Transaction Application for BDCs
The SEC announces an application by Audax Credit BDC Inc. and affiliated companies for an order allowing co-investment in portfolio companies despite standard prohibitions. The notice outlines the process for public participation through hearing requests and presents important compliance considerations for affected investment entities.
Learn More📈SEC Extends Deadline for Nasdaq ETF Rule Change Review
The SEC has designated a longer period for action on Nasdaq's proposal to list and trade shares of the 21Shares SUI ETF under its rules. This decision allows additional time to consider the implications of the proposed rule change and engage with comments received during the review process.
Learn More📉Morgan Stanley Impact SBIC LP License Surrender by SBA
The Small Business Administration has declared the license of Morgan Stanley Impact SBIC LP as null and void, following its authority under the Small Business Investment Act of 1958. This action may influence investment company operations and small business funding opportunities.
Learn More💰Proposed Rule Change for Bitwise Bitcoin and Ethereum ETFs
The Securities and Exchange Commission has issued a notice regarding the proposed rule change for the Bitwise Bitcoin ETF Trust and Bitwise Ethereum ETF. This change aims to permit in-kind creations and redemptions, potentially enhancing market functionalities while the Commission extends the review period for effective consideration.
Learn More📈SEC Notice on Co-Investment Opportunity for Investment Companies
The SEC issued a notice regarding First Trust and other applicants seeking approval for co-investment in portfolio companies, potentially enabling joint transactions among investment companies. This notice outlines the procedural aspects and application details as required under the Investment Company Act of 1940, emphasizing compliance and regulatory requirements for involved parties.
Learn More💹Nasdaq Proposes Trading Shares of Grayscale Avalanche Trust (AVAX)
The SEC is considering a proposed rule change from Nasdaq to list and trade shares of the Grayscale Avalanche Trust. This proposal, focusing on AVAX, raises essential regulatory questions and invites public comment to assess its alignment with securities regulations. The outcome may significantly affect the trading and investment landscape for digital assets.
Learn More📈Proposed Rule Change to Amend Short Term Options Program
The Securities and Exchange Commission published a notice regarding an amendment to the Short Term Option Series Program, allowing for the listing of up to two Monday and Wednesday expirations for qualifying individual stocks and Exchange-Traded Fund Shares. This change aims to enhance trading flexibility and investor options in the options market.
Learn More📈SEC Application for Co-Investment Transactions Notice
The Securities and Exchange Commission (SEC) has issued a notice regarding Ardian Access LLC's application for permission to conduct certain joint transactions involving registered closed-end management investment companies and affiliated entities. This notice includes filing details, applicant information, and potential for hearing requests from interested parties.
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