📈SEC Proposes Rules for Fidelity Ethereum Fund Options Trading
The SEC published a notice proposing to amend trading rules to allow options on the Fidelity Ethereum Fund, categorized as an ETF. The move aims to enhance market accessibility and transparency in Ethereum investments, providing new opportunities for investors while maintaining compliance with existing regulations.
Learn More📈SEC Notice for Investment Company Exemption Application
The SEC issued a notice regarding an application for an exemption to allow certain investment companies to conduct monthly repurchase offers. The notice outlines the involved parties and the procedure for requesting a hearing on the application. Interested individuals can obtain further details through the SEC's EDGAR system.
Learn More📈SEC Approves Options Trading for Ethereum-Based ETFs
The Securities and Exchange Commission has approved a proposal allowing the listing and trading of options on Ethereum-based exchange-traded products such as the Bitwise Ethereum ETF and Grayscale Ethereum Trust. This latest regulatory amendment aims to enhance market accessibility and investor opportunities in cryptocurrency investments, amid ongoing conversations about compliance and market practices.
Learn More📈SEC Notice on Co-Investment Approval for Business Development Companies
The SEC has issued a notice regarding an application by Sixth Street Specialty Lending and others for an order under the Investment Company Act, allowing certain business development companies to co-invest in portfolio companies, facilitating streamlined investment processes compared to past approvals.
Learn More💰Proposed Rule Change for Temporary Discounts on MIAX Liquidity Reports
The Miami International Securities Exchange is proposing a rule change to temporarily discount fees for current subscribers of specific liquidity event reports. This initiative is intended to provide customer service during system upgrades that may affect report quality, ensuring that existing subscribers receive equitable discounts while maintaining competitive pricing amidst market conditions.
Learn More💰SEC Notice on Co-Investment Opportunities for Blue Owl Capital
The Securities and Exchange Commission issued a notice regarding Blue Owl Capital Corporation's application for an order allowing certain business development companies to co-invest in portfolio companies. This order aims to streamline terms compared to previous orders and involves various affiliated entities under Blue Owl Capital, thus modifying regulatory compliance for co-investments.
Learn More📈SEC Notice for Joint Transactions by BlackRock Investment Entities
The SEC has issued a notice regarding an application from BlackRock entities seeking an order for joint transactions under the Investment Company Act. The application aims to allow certain investment companies to co-invest in portfolio companies, presenting streamlined terms compared to previous orders. Interested parties can request a hearing on this matter until May 5, 2025.
Learn More📈SEC Adjusts Transaction Fee Rates to $0.00 for FY 2025
The Securities and Exchange Commission has ordered annual adjustments to transaction fee rates for fiscal year 2025. Under the adjustments, the new uniform rate will be set at $0.00 per million on covered sales, following established methodologies to ensure compliance with the Securities Exchange Act of 1934.
Learn More💰SEC Proposes Rule Change for In-Kind ETF Transactions
The Securities and Exchange Commission (SEC) has published a notice regarding the proposed rule change by the Cboe BZX Exchange to allow in-kind creations and redemptions for the Franklin Bitcoin ETF, Franklin Ethereum ETF, and the Franklin Crypto Index ETF. This change aims to enhance market efficiency and liquidity for authorized participants, impacting the trading dynamics of these funds.
Learn More📊Amendments to Form PF Reporting Requirements for Private Funds
The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (collectively, "we" or "Commissions") are adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator ("CPO") or commodity trading adviser ("CTA"). The amendments correct certain errors in Form PF.
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