💰SEC Notice on Cboe BZX Proposed Rule Change for Ethereum ETF
The SEC has published a notice regarding a proposed rule change by Cboe BZX Exchange, allowing the Invesco Galaxy Ethereum ETF to engage in staking ether. This modification seeks to improve investor returns and enhance tracking of ether value, providing clarity and detail on the staking process within the fund's operations.
Learn More🤝SEC Notice on Co-Investment for Business Development Companies
The SEC issued a notice regarding BIP Ventures Evergreen BDC's application for an order permitting certain joint transactions among business development companies and affiliated investment entities. This regulatory approval aims to allow co-investment opportunities, which may foster collaboration and enhance investment strategies.
Learn More📈IEX Implements Quote Imbalance Indicator for Trading Stability
The Investors Exchange LLC (IEX) proposes a new Quote Imbalance Indicator (QII) to improve trading strategies by assessing supply and demand imbalances for securities during market hours. This proprietary calculation aims to enhance market stability by restricting certain order types from exercising price discretion during periods of quote imbalance, thus potentially increasing execution quality for users.
Learn More⏳SEC Proposes Change to CAT Compliance Rule on Timestamp Exemption
The SEC announced the immediate effectiveness of a proposed rule change by the Miami International Securities Exchange, LLC, to amend Rule 1706, updating the expiration date of an exemption related to timestamp granularity from April 8, 2025, to April 8, 2030. This change aims to ensure compliance with the extended relief granted to Industry Members regarding reporting practices under the Consolidated Audit Trail.
Learn More📊BOX Exchange Rule Change on Timestamp Granularity Compliance
The SEC has published a notice regarding the proposed rule change by BOX Exchange LLC to extend the expiration date for timestamp granularity exemptions from April 8, 2025, to April 8, 2030. This amendment aligns with the 2025 Timestamp Granularity Exemption, simplifying compliance for industry members using detailed timestamp data in their systems.
Learn More📈LTSE Proposes Changes to Fee Schedule Affecting Trading Costs
The Long-Term Stock Exchange has filed a proposed rule change to amend its fee schedule, lowering rebates for adding displayed liquidity and take fees for removing non-displayed liquidity. This aims to enhance market interaction and improve overall execution options for members while maintaining competitiveness in a fragmented market.
Learn More💼SEC Notice on Co-Investment Application for BDCs
The SEC issues a notice regarding an application from LAGO Evergreen Credit and affiliated entities seeking permission for joint transactions prohibited under the Investment Company Act of 1940. This enables certain business development companies to co-invest with each other and affiliated entities, subject to specific conditions outlined in the application.
Learn More⏳SEC Proposes Amendment to IEX Rule 11.660 on Timestamp Granularity
The SEC has published a notice for a proposed rule change by Investors Exchange LLC to amend Rule 11.660, aligning it with the 2025 Timestamp Granularity Exemption. This change extends the exemption period for the requirement on timestamp reporting practices for industry members, allowing for compliance flexibility. The amendment aims to support regulatory obligations under the Consolidated Audit Trail.
Learn More📄SEC's Extension Request for Form T-2 Compliance
The SEC has submitted an extension request for Form T-2, which assesses the eligibility of individual trustees under the Trust Indenture Act of 1939. This extension includes a call for public comment on the information collection process, highlighting its importance for ensuring qualified trustees and compliance with regulatory standards.
Learn More📈SEC Proposes Extension of Form 18 for Foreign Securities Registration
The Securities and Exchange Commission is seeking an extension for Form 18, which allows foreign governments to register securities for U.S. exchanges. This form aims to inform U.S. investors about relevant foreign investment opportunities by ensuring they receive essential material information. Public comments are invited on the information collection's necessity and burden.
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