📈SEC Approves Grayscale XRP Trust Trading Proposal
The SEC published a notice regarding the proposed rule change by NYSE Arca to list and trade shares of the Grayscale XRP Trust. This initiative seeks to provide a regulated means to invest in XRP through an exchange-traded product, reflecting the ongoing evolution and acceptance of digital assets in the financial markets.
Learn More📊SEC Proposes Amendment to Consolidated Audit Trail Reporting
The SEC issued a notice regarding a proposed amendment to the National Market System Plan governing the Consolidated Audit Trail. This amendment pertains to the reporting of verbal activity and aims to enhance transparency and regulatory compliance among participating exchanges and financial institutions. The Commission has extended the review period for the amendment to ensure thorough consideration.
Learn More📈SEC Orders Review of Nasdaq's Market Data Fee Increase Proposal
The SEC issued an order regarding Nasdaq's proposed fee increases for market data and connectivity products, which faced disapproval. The order allows for petitions regarding the disapproval, indicating ongoing scrutiny of fee structures related to market data services that could influence market access and costs for businesses.
Learn More📈NYSE Arca Proposes Major Change to GBTC Options Trading Limits
NYSE Arca proposes a rule change to increase position and exercise limits for options on the Grayscale Bitcoin Trust, significantly raising the limit from 25,000 to 250,000 contracts. The change aims to enhance market liquidity and competitiveness, allowing market participants to better manage trading and hedging activities related to GBTC options.
Learn More📈NYSE Arca Seeks Extended Trading Hours
NYSE Arca has filed amendments to extend trading hours, proposing new trading rules that increase access for investors by allowing trading from 1
Learn More📈Cboe BZX Exchange Proposed Rule Change for 21Shares Core Solana ETF
The Cboe BZX Exchange filed a notice for the proposed rule change to list and trade the 21Shares Core Solana ETF, aiming to regulate trading of SOL through a transparent platform. The proposal addresses compliance, investor protection, and market surveillance while offering investors a new channel for cryptocurrency investments.
Learn More📜Technical Amendments to SEC Rules
The Securities and Exchange Commission ("Commission") is adopting technical amendments to various rules and forms under the Securities Act of 1933 and the Securities Exchange Act of 1934. These amendments correct errors that are technical in nature, including typographical errors and erroneous cross-references in various Commission rules and forms.
Learn More🔒SEC Closed Meeting Notification
The Securities and Exchange Commission announces a closed meeting on critical regulatory issues, including discussions on injunctive actions and administrative proceedings. Such meetings may lead to significant decisions impacting businesses linked to compliance and enforcement actions, with potential repercussions in the financial sector and beyond.
Learn More📜PCAOB Withdraws Proposed Rules on Firm Reporting and Engagement Metrics
The PCAOB has officially withdrawn its proposed rules concerning Firm Reporting and Engagement Metrics, initially filed with the Securities and Exchange Commission. This decision follows a period of public comments and an extension of review timelines, signaling a significant shift in potential regulatory standards for public accounting firms and their reporting practices.
Learn More📈Nasdaq Proposes Changes to Initial Listing Liquidity Requirements
The Securities and Exchange Commission published a notice regarding Nasdaq's proposed changes to modify initial listing liquidity requirements. These changes aim to require companies to satisfy Market Value of Unrestricted Publicly Held Shares based solely on the proceeds from their offerings, impacting initial public offerings and uplisting processes. The Commission is extending the review period for these changes, allowing time for consideration of the proposed rule.
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