📜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📈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📈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.
Learn More🔒SEC Grants Exemptive Relief for Customer Data Reporting Requirements
The SEC has issued an order granting exemptive relief from certain reporting requirements under the CAT NMS Plan, specifically for names, addresses, and years of birth associated with transformed SSNs or ITINs. This decision aims to balance regulatory objectives with privacy concerns, enhancing data protection while retaining essential regulatory tools.
Learn More📈SEC Approves Rule Change for Bitcoin and Ethereum ETFs
The Securities and Exchange Commission has published a notice regarding a proposed rule change by Cboe BZX Exchange to amend the ARK 21Shares Bitcoin ETF and 21Shares Core Ethereum ETF. This update enables in-kind creations and redemptions, aiming to improve operational efficiency and flexibility for fund management, benefiting authorized participants and investors alike.
Learn More📈SEC Proposal for Options Trading on Fidelity Ethereum Fund
The SEC is considering a proposed rule change to allow Cboe EDGX Exchange to list options on the Fidelity Ethereum Fund. This move aims to provide broader access to Ethereum for investors, enhancing trading opportunities and potentially increasing market liquidity in Ethereum products. Business owners may benefit from new leverage strategies through these options.
Learn More📈SEC Grants Temporary Exemption for Rule 13f-2 and Form SHO Compliance
The SEC has granted a temporary exemption from compliance with Rule 13f-2 and Form SHO for institutional investment managers, extending the deadline for reporting requirements to January 2, 2026. This decision, made in response to industry concerns about implementation challenges, aims to facilitate accurate reporting and operational readiness among market participants.
Learn More📈SEC Proposes Rule Change for Options Trading on iShares Ethereum Trust
The SEC announced a longer period for action regarding a proposed rule change by Nasdaq ISE to list and trade options on the iShares Ethereum Trust. This move follows the receipt of comment letters and is part of ongoing regulatory evaluation, highlighting the evolving landscape of cryptocurrency in financial markets.
Learn More📈SEC Notice on Exemption for Investment Companies
The SEC issued a notice regarding an application from SEG Partners Long/Short Equity Fund and Select Equity Group, L.P. for exemptions that would permit registered investment companies to issue multiple classes of shares and impose specific fees. Interested parties can request a hearing or notify the SEC of their interest in the application.
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