📈SEC Proceedings on CoinShares XRP ETF Listing and Trade Approval
The Securities and Exchange Commission initiates proceedings to consider the approval of a proposed rule change by Nasdaq to list and trade shares of the CoinShares XRP ETF. This proceeding addresses the implications and concerns related to the cryptocurrency market, particularly focusing on the use of XRP and the necessary compliance with securities regulations.
Learn More📈Cboe BZX Exchange Notice on Market Maker Rule Change
The Securities and Exchange Commission has announced a longer review period for a proposed rule change from Cboe BZX Exchange, designed to modify requirements for registered Market Makers associated with Derivative Securities. The notice reflects ongoing consideration of the complexities involved in the proposed amendments, which may impact trading practices within the industry.
Learn More📄SEC Proposed Collection
The SEC is seeking comments on information collection related to Rule 19d-1, which requires SROs to report certain actions, including disciplinary measures and delistings. The rule aims to ensure proper oversight and compliance within the financial sector, anticipating around 850 submissions annually from approximately 17 respondents.
Learn More📈SEC Grants Notice for Co-Investment Relief for BDCs
The SEC has published a notice regarding an application from several investment funds seeking permission to co-invest in portfolio companies. This order aims to allow better collaboration among business development companies and closed-end management investment firms, which could lead to strategic investment opportunities and resource sharing. Interested parties can request a hearing on the matter by specified deadlines.
Learn More📈SEC Notice on Co-Investment Application for Eagle Point Entities
The Securities and Exchange Commission's notice details an application from Eagle Point Credit Company Inc. and its affiliates requesting permission to allow joint transactions between various investment entities. The document outlines procedural aspects regarding public hearings and how affected parties can engage in the process.
Learn More📈SEC Approves Multiple Share Classes for Investment Companies
The SEC issued a notice regarding Vista Credit BDC Management's application for an exemption under the Investment Company Act of 1940. This exemption allows registered closed-end investment companies to issue multiple classes of shares with different sales loads and fees, potentially enhancing funding options for business development companies.
Learn More🤝SEC Notice on Golub Capital BDC Joint Transactions Application
The SEC has issued a notice regarding an application by Golub Capital BDC and affiliates for permission to co-invest in portfolio companies. This request seeks to circumvent certain restrictions under the Investment Company Act to allow collaborative investment opportunities among various BDCs and affiliated entities, enhancing their operational flexibility.
Learn More📊Proposed Fee Changes for MIAX Emerald Market Data Feeds
MIAX Emerald LLC seeks to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including a structure for per User and Non-Display Usage fees. This change aims to enhance transparency and reduce administrative burdens for subscribers while aligning with similar fees at other exchanges.
Learn More📄SEC Proposed Collection
The Securities and Exchange Commission is seeking comments on existing information collections pertaining to Rule 17a-10, which regulates transactions between registered investment companies and their affiliates. The proposal emphasizes compliance requirements for subadvisers and associated documentation modifications necessary for legal adherence to the rule.
Learn More🏦SEC Notice for Mercer Funds on Sub-Advisory Agreement Exemption
The Securities and Exchange Commission (SEC) has issued a notice regarding an application from Mercer Funds and Mercer Investments LLC for an exemption under the Investment Company Act. This exemption would allow the Trust's board of trustees to approve new and modified sub-advisory agreements without adhering to the traditional in-person meeting requirement. Interested parties may request a hearing on the application.
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