📈SEC Notice on Cboe Bitcoin ETF Options Rule Change
The SEC announced a longer review period for Cboe Exchange's proposed rule change to list new P.M.-settled options on the Bitcoin U.S. ETF Index. The proposal includes modifications for various expiration types and is currently under further consideration after multiple amendments. The Commission aims to ensure thorough evaluation before issuing a final decision.
Learn More💰MIAX Sapphire Proposes Accommodation Payment Following Operational Error
The Securities and Exchange Commission has published notice regarding MIAX Sapphire’s proposal to amend Exchange Rule 527, offering a one-time accommodation payment to members affected by an operational error on June 3, 2025. This initiative aims to mitigate financial losses incurred by members during the incident, ensuring fair and equitable treatment within the trading environment.
Learn More📈SEC Extends Decision Period for MX2 Options Trading Rules
The Securities and Exchange Commission (SEC) has published a notice regarding MX2 LLC's proposed rule change to govern the trading of options on a new facility named MX2 Options. The notice indicates an extended timeframe for the SEC to review and act on this proposal to ensure thorough consideration.
Learn More📜MIAX Sapphire Proposes Changes to Options Exchange Rulebook
The Securities and Exchange Commission has published a notice from MIAX Sapphire, LLC regarding a proposed rule change to amend its Rulebook title and headers. The changes aim to ensure consistency with affiliated exchanges, intending to enhance clarity and alignment across the board, thereby improving investor protections and trading principles.
Learn More📈SEC Extends Decision Period for Proposed Canary Staked TRX ETF Rule Change
The SEC has announced an extended period for reviewing the proposed rule change by Cboe BZX Exchange to list and trade shares of the Canary Staked TRX ETF. This extension allows for further consideration of the implications and any issues raised in the proposal, impacting stakeholders in the financial markets.
Learn More📈NSCC Proposes Rule Change to Decommission Exemptions and Accounts
The NSCC has proposed a rule change to decommission Level 2 Exemptions and Fully-Paid-For Accounts in its Continuous Net Settlement (CNS) system. This move aims to streamline operations and allocate resources more effectively, identifying the functionalities as underutilized amidst ongoing modernization efforts.
Learn More💹MEMX Proposes Non-Display Add Tier 3 Fee Schedule Changes
MEMX LLC filed a proposed rule change with the SEC to amend its fee schedule by introducing a new tier, Non-Display Add Tier 3. This tier aims to enhance rebates for certain executing orders, fostering a competitive trading environment and incentivizing members to increase liquidity. The changes are designed to attract more order flow to the exchange, impacting trading costs and strategies.
Learn More📈SEC Notice on Miami Exchange Rule 1327 for Options Transfers
The SEC published a notice on the Miami International Securities Exchange's proposed Rule 1327, which aims to allow in-kind exchanges of options positions and ETF shares. This rule change addresses current limitations on transfers, potentially improving tax efficiency and operational capabilities for investment vehicles like ETFs and UITs, ultimately benefiting investors.
Learn More📊Cboe EDGA Exchange Proposed Rule Change
The Securities and Exchange Commission announces the immediate effectiveness of a proposed rule change by Cboe EDGA Exchange regarding public disclosure of data sources used for order handling, routing, execution, and compliance. The amendment reflects the name change of NYSE Chicago to NYSE Texas, promoting greater clarity and transparency in the exchange's operations. Comments from the public are solicited for further input.
Learn More💹Cboe BZX Exchange Proposes Rule Change for Fidelity Ethereum Fund
The Cboe BZX Exchange has filed a proposed rule change with the SEC to amend the regulations governing the listing and trading of Fidelity Ethereum Fund shares, allowing for staking. The SEC has extended the review period for this proposal to ensure thorough consideration of its potential impact and issues raised.
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