📈SEC Exemption Notice for KKR FS Income Trust Investment Class Shares
The Securities and Exchange Commission (SEC) issues a notice regarding KKR FS Income Trust's application for an exemption under the Investment Company Act. This would allow certain investment companies to issue multiple classes of shares, each with varying fees. The content includes details on applicant representation and the process required for public hearing requests.
Learn More💰SEC Evaluates CME Securities Clearing Agency Registration Application
The SEC is assessing CME Securities Clearing, Inc.'s application for registration as a clearing agency under the Securities Exchange Act. The review encompasses stakeholder feedback on risk management and regulatory capital considerations, aiming to ensure compliance and operational efficacy for market participants in handling U.S. Treasury securities transactions.
Learn More📈SEC Notice on Proposed Extension of Rule 237 for Canadian Accounts
The SEC is seeking comments on the proposed extension of Rule 237, which allows Canadian-U.S. Participants to manage their Canadian retirement accounts without U.S. securities registration. This initiative aims to ease the burden for foreign issuers and facilitate investment opportunities while ensuring compliance with regulatory standards. Written comments on the proposal are encouraged.
Learn More📈SEC Extends SBSR Compliance Statement
The Securities and Exchange Commission is extending a statement regarding compliance with rules for security-based swap data repositories and Regulation SBSR.
Learn More📈Nasdaq's Proposed Rule for Digital Asset Investments Review
The Securities and Exchange Commission is considering Nasdaq's proposed Rule 5712, which aims to allow the listing and trading of commodity- and digital asset-based investment interests. This includes the Hashdex Nasdaq Crypto Index US ETF, marking a significant step towards integrating digital assets into regulated markets. The Commission is reviewing the proposal, extending the decision deadline to June 5, 2025.
Learn More📈SEC Notice on Joint Transactions for Investment Companies
The SEC issued a notice regarding an application by MidCap Financial Investment Corporation and others for an order permitting joint transactions among business development companies under the Investment Company Act. This includes streamlined conditions compared to previous orders, impacting future investment strategies and compliance requirements for involved firms.
Learn More📈SEC Extends Review Period for Cboe Bitcoin Options Proposal
The SEC has designated a longer review period for the Cboe Exchange's proposed rule change to add P.M.-settled options on Bitcoin ETF indices. The extension allows the Commission additional time to consider implications and stakeholder comments regarding the new trading options designed for Bitcoin markets.
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💧LCH SA's Proposed Rule Change on Liquidity Risk Framework
The Securities and Exchange Commission published a notice concerning LCH SA’s proposed amendments to its Liquidity Risk Modelling Framework. The revisions aim to enhance the management of liquidity risks and clarify the treatment of collateral by detailing processes for liquidity needs arising from daily settlement, thereby aligning operational procedures with empirical data and regulatory standards.
Learn More💼SEC Notice on Co-Investment Application for Business Development Companies
The Securities and Exchange Commission has announced a notice regarding an application that seeks permission for certain business development companies to co-invest in portfolio companies, aiming to streamline investment practices and foster collaboration among investment firms. Interested parties can request a hearing on the matter.
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