📈FINRA Proposes Rule 6152 for Order Execution Report Disclosure
The SEC announces FINRA's proposed Rule 6152, mandating members to submit order execution information for NMS stocks to FINRA for centralized publication. This initiative aims to improve transparency, allowing investors and market participants better access to execution quality data, promoting informed investment decisions across the financial industry.
Learn More📊Amendments to Form PF Reporting Requirements for Private Funds
The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (collectively, "we" or "Commissions") are adopting amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds, including those that also are registered with the CFTC as a commodity pool operator ("CPO") or commodity trading adviser ("CTA"). The amendments correct certain errors in Form PF.
Learn More📈SEC Adjusts Transaction Fee Rates to $0.00 for FY 2025
The Securities and Exchange Commission has ordered annual adjustments to transaction fee rates for fiscal year 2025. Under the adjustments, the new uniform rate will be set at $0.00 per million on covered sales, following established methodologies to ensure compliance with the Securities Exchange Act of 1934.
Learn More📈SEC Notice on MIAX Sapphire Proposed Rule Change for Error Accounts
The SEC is publishing a notice regarding MIAX Sapphire's proposed rule change to adopt Exchange Rule 2005, which establishes regulations for Floor Broker error accounts. This aims to improve clarity in exchanges' rule texts and ensure efficient processing of bona fide errors within the options trading framework.
Learn More📄SEC Seeks Comments on Proposed Rule 204-3 for Investment Advisers
The SEC is soliciting comments on Rule 204-3, which mandates that investment advisers provide clients with brochures and updates at the start of their advisory relationship and annually thereafter. This rule aims to enhance transparency about advisers' qualifications, practices, and disciplinary history, fostering informed client decisions.
Learn More📊SEC Solicits Comments on Appendix F to Rule 15c3-1
The SEC is requesting comments on existing information collection for Appendix F to Rule 15c3-1 related to OTC derivatives dealers. The regulation outlines the criteria for calculating net capital charges in lieu of traditional methods, emphasizing the importance of accurate reporting and internal risk management systems. Comments are invited concerning the necessity and burden of the information collection process.
Learn More📈SEC Rule 204A-1
The SEC is seeking an extension for the information collection associated with Rule 204A-1, which requires investment advisers to implement and maintain a code of ethics governing the conduct of their staff and personal securities transactions. This includes safeguards for nonpublic information and reporting standards for potential violations.
Learn More📊Amendments to Rule 482 on Fund Advertising Disclosures
The Securities and Exchange Commission is revising Rule 482, which governs the advertising of securities by investment companies. The amendments aim to correct outdated references and align disclosure requirements for money market funds with updated regulations, ensuring investors receive balanced and accurate performance information in fund advertisements.
Learn More📈SEC Proposes Collection on Foreign Securities Registration Form 18
The SEC is soliciting comments on the extension of Form 18, a registration form for foreign governments to list securities on U.S. exchanges. This collection aims to ensure U.S. investors have necessary information for informed decisions related to foreign government securities. The notice emphasizes the importance of feedback on the data collection process and its utility.
Learn More📈SEC Proposal for P.M.-Settled Options on S&P 500 Equal Weight Index
The SEC has published a notice for a proposed rule change allowing Cboe Exchange to list and trade p.m.-settled options on the S&P 500 Equal Weight Index. This change aims to provide additional trading opportunities and more precise risk management options for investors, thereby enhancing market participation and investment strategies.
Learn More