💰SEC Proposal for In-Kind Transactions in Bitwise Bitcoin and Ethereum ETFs
The Securities and Exchange Commission has published a notice regarding NYSE Arca's proposed amendments to allow in-kind creations and redemptions for the Bitwise Bitcoin ETF and Ethereum ETF. This change aims to enhance trading efficiency and operational flexibility for Authorized Participants, fostering improved market dynamics for these cryptocurrency investment trusts.
Learn More📈SEC Notice on Silver Point Specialty Credit Fund Exemption Application
The SEC has issued a notice regarding an application by Silver Point Specialty Credit Fund Management for an exemption under the Investment Company Act. This exemption would allow closed-end investment companies to issue various classes of shares with differing sales loads and fees, enhancing their financing options. Hearing requests on the application are open until August 4, 2025.
Learn More📈NYSE National Connectivity Fee Schedule Amendments Overview
The Securities and Exchange Commission announces the proposed rule change for NYSE National, which modifies the Connectivity Fee Schedule, allowing connections to various third-party systems and data feeds. These changes aim to enhance user options and clarify associated fees, fostering a more adaptable trading environment.
Learn More💰Proposed CAT Fee 2025-2 and Its Business Impact
The SEC is announcing a proposed rule change on fees for Industry Members related to the Consolidated Audit Trail (CAT) costs. This includes the introduction of CAT Fee 2025-2, intended to recover a portion of the budgeted costs for the operation and maintenance of the CAT for the latter half of 2025.
Learn More💼SEC Notice on Dream Exchange Holdings, Inc. Application for Registration
The Securities and Exchange Commission published a notice regarding Dream Exchange Holdings, Inc.'s application for registration as a national securities exchange. The notice invites public comments on the proposed exchange's operational structure, which includes a technology services agreement for its trading platform. The filing reflects updates to governance provisions and aims to ensure compliance with existing securities laws.
Learn More📈SEC Sunshine Act Closed Meeting – Business Implications Overview
The SEC has scheduled a closed meeting to discuss critical matters including injunctive actions and administrative proceedings. This session is restricted to select SEC officials and may alter future regulatory priorities, presenting potential implications for businesses involved in securities and compliance activities. Changes in meeting schedules will be posted on the SEC's website.
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💰SEC Notice on NYSE CAT Fees for Industry Members in 2025
The SEC has published a notice regarding proposed rule changes by NYSE National to establish fees for Industry Members related to the budgeted costs of the Consolidated Audit Trail (CAT) for the period from July 1 to December 31, 2025. The notice seeks comments on these fee implementations, which will affect securities trading practices.
Learn More💰Proposed CAT Fee Rule Changes Affect Industry Financials
The SEC has published a notice on a proposed rule change regarding the MIAX PEARL Exchange’s fee schedule for the Consolidated Audit Trail. The proposal aims to adjust fees for industry members based on budgeted costs for maintaining the national market system plan, impacting trading costs significantly.
Learn More💼Proposed Rule Change for CAT Fee 2025-2 Impacting Industry Members
The Securities and Exchange Commission announced the immediate effectiveness of a proposed rule change by MIAX Emerald, which amends the fee schedule to introduce a new fee for industry members related to the National Market System Plan governing the Consolidated Audit Trail. The fee aims to recover budgeted costs for the operation of the consolidated audit trail over a specific period.
Learn More