📉NYSE Proposes Rule Change on Compliance and Fee Requirements
The SEC is considering a proposed rule change from the NYSE that stipulates companies must pay all outstanding fees before their compliance plans can be reviewed. Failure to comply will lead to immediate suspension and delisting procedures, emphasizing the importance of financial obligations to maintain listing standards.
Learn More⚖️SEC Amends Delegation of Authority for Investigative Orders
The Securities and Exchange Commission ("Commission") is amending its regulations with respect to the delegations of authority to the Director of the Division of Enforcement ("Director") to eliminate the delegation of authority to issue formal orders of investigation. Formal orders designate the enforcement staff authorized to issue subpoenas in connection with investigations under the Federal securities laws. This amendment is the result of the Commission's experience with its nonpublic investigations. The amendment is intended to increase effectiveness by more closely aligning the Commission's use of its investigative resources with Commission priorities.
Learn More📄SEC Notice on Information Collection for Qualitative Feedback
The SEC is soliciting comments for an extension to collect qualitative feedback regarding its service delivery. This feedback aims to enhance customer interactions and improve program management, although it will not produce statistically generalizable data. The initiative is part of the SEC's ongoing commitment to improve stakeholder communication and operational efficiency.
Learn More📈SEC Rule 6h-1 Proposed Collection and Compliance Requirements
The Securities and Exchange Commission (SEC) is requesting comments on the proposed extension of information collection related to Rule 6h-1, which mandates compliance for trading security futures products. The rule establishes listing standards that prevent price manipulation and coordinate trading halts, impacting national exchanges and associated business operations.
Learn More📄SEC Designates Accenture for Lost and Stolen Securities Program
The Securities and Exchange Commission has designated an entity to maintain and operate the Lost and Stolen Securities Program.
Learn More📈FINRA Proposes Changes to IntelligentCross ATS Match Priority Criteria
The SEC announced a partial amendment regarding FINRA's proposed rule change to include IntelligentCross ATS in the Alternative Display Facility. This amendment involves modifying the match priority criteria to enhance the accessibility and efficiency of displayed liquidity, responding to concerns raised during the public comment period. The modifications aim to clarify trading processes and enhance competitive market practices.
Learn More📈SEC Extends Review Period for Nasdaq's Trading Halt Rule Proposal
The Securities and Exchange Commission has issued a notice regarding Nasdaq's proposed rule change to introduce an optional trading halt functionality for Exchange-Traded Products on their launch day. This halt is intended to mimic the trading halts employed during initial public offerings, enhancing market oversight and product launch strategies. The SEC has extended the review period to allow for thorough consideration.
Learn More📄SEC Notice on Form T-1 Collection and Compliance Requirements
The SEC is soliciting comments on the extension of Form T-1, which evaluates corporations' qualifications to act as trustees under the Trust Indenture Act of 1939. The notice outlines the information collection process and invites feedback on its necessity and burden. Stakeholders are encouraged to provide their input within the given timeframe.
Learn More📈SEC Notice on ICE Clear Credit's Liquidity Risk Rule Change
The SEC has published a notice regarding ICE Clear Credit LLC's proposed rule change to its Liquidity Risk Management Framework, aimed at updating outdated references. This rule change is designated for immediate effectiveness, with a solicitation for public comments on its consistency with regulations governing securities exchanges and clearing agencies.
Learn More📄Proposed Collection Notice for Form T-3 Application by SEC
The SEC is requesting comments on the Form T-3 application, used for the qualification of indentures under the Trust Indenture Act of 1939. The notice outlines the information collection process, estimated response times, and invites stakeholders to offer input on its necessity and clarity.
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