📈Updates on SEC Rule 12d3-1
The Securities and Exchange Commission is proposing a collection of information regarding Rule 12d3-1 under the Investment Company Act of 1940. This rule allows funds to invest a small percentage of their assets in securities from businesses involved in securities-related activities, while requiring amendments to subadvisory contracts to avoid conflicts of interest, enhancing operational transparency and compliance requirements.
Learn More📈Proposed Changes for Options Trading on Ether Funds
The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change by NYSE American to permit the listing and trading of options on Ether Funds such as iShares Ethereum Trust ETF and Fidelity Ethereum Fund. This change aims to enhance trading opportunities for investors and improve market efficiency by providing easier access to ether-related products.
Learn More📈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 Approves Options Trading on iShares Ethereum Trust
The SEC announces a proposed rule change regarding the listing and trading of options on the iShares Ethereum Trust by the Miami International Securities Exchange. This regulatory update aims to enhance market access and provide investors with new alternatives to gain exposure to Ethereum, promoting greater trading flexibility in financial markets.
Learn More📈SEC Approves Options Trading for Ethereum-Based Funds
The SEC has approved a proposed rule change that enables MIAX Pearl to list and trade options on the Grayscale Ethereum Trust and related funds. This move is poised to enhance market trading in cryptocurrency assets, providing investors with diversified investment strategies and access to the rapidly evolving ether market.
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 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📈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 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💰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.
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