📝SEC Announces Comment Request on Form S-8 Compliance Requirements
The SEC is soliciting comments on the proposed extension of Form S-8, which facilitates the registration of securities in connection with employee benefit plans. The notice highlights the agency's efforts to ensure adequate investor information and the associated information collection burden on businesses, including time and cost estimates for compliance activities.
Learn More📈SEC Considers Approval of Bitcoin ETF Listing on NYSE Arca
The SEC is reviewing NYSE Arca’s proposed rule change to list and trade Truth Social Bitcoin ETF shares. The proposal aims to facilitate investment in bitcoin, and the SEC is inviting public comment on legal and policy concerns related to the listing, including market manipulative practices and investor protections.
Learn More📑SEC Regulates Impact of Arbitration Provisions on Registrations
The Securities and Exchange Commission ("Commission") is issuing this statement to inform the public that the presence of a provision requiring arbitration of investor claims arising under the Federal securities laws will not impact decisions regarding whether to accelerate the effectiveness of a registration statement. Accordingly, when making such decisions, the staff will focus on the adequacy of the registration statement's disclosures, including disclosure regarding the arbitration provision.
Learn More📈SEC Notice on Information Collection for Rule 604
The SEC announces a request for extension concerning Rule 604, which mandates the public disclosure of customer limit orders by specialists and market makers. This regulation enhances market transparency for investors, potentially improving execution opportunities and access to optimal prices in securities trading. Written comments are invited to assess the collection’s necessity and effectiveness.
Learn More📈Regulatory Impact of Form 13F on Institutional Investors
The SEC is seeking comments on the collection of information via Form 13F, which requires institutional investment managers with significant holdings to submit quarterly reports. Recent amendments include electronic submission and additional identifying information to modernize data reporting and ensure compliance with legal standards, emphasizing transparency in financial reporting.
Learn More🏦Proposed Rule Change for LCH SA Board Governance
LCH SA has filed a proposed rule change with the SEC regarding governance modifications for its Board of Directors. This includes increasing the number of User Directors and amending nomination criteria to better reflect operational needs, aiming to ensure fair representation and adapt to recent changes in corporate relationships.
Learn More📊SEC and CFTC Extend Form PF Compliance Deadline to 2026
The Commodity Futures Trading Commission (the "CFTC") and the Securities and Exchange Commission (the "SEC") (collectively, "we" or the "Commissions") are further extending the compliance date for the amendments to Form PF that were adopted on February 8, 2024, from October 1, 2025, to October 1, 2026. Form PF is 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 (a "CPO") or a commodity trading adviser (a "CTA").
Learn More📈SEC Amends Rules of Practice for Registration Statements
The Securities and Exchange Commission ("Commission") is amending its Rules of Practice relating to procedures governing Commission review of staff actions made pursuant to delegated authority in connection with the determination of the effective dates of registration statements and post-effective amendments and the determination of the dates and times of qualification of an offering statement and post-qualification amendments under Regulation A.
Learn More📊MSRB Proposes Changes to Municipal Securities Reporting Rules
The proposed rule change by the Municipal Securities Rulemaking Board (MSRB) aims to amend the reporting requirements of municipal securities transactions. Notably, it reinstates the 15-minute reporting timeframe while retaining the “as soon as practicable” requirement, addressing compliance and operational burdens associated with previous amendments.
Learn More📈SEC Notice on Information Collection Activities for Rule 18a-1
The SEC is submitting a request for an extension of information collection activities under Rule 18a-1, which establishes net capital requirements and risk management standards for stand-alone security-based swap dealers. This notice includes details on compliance obligations and estimated burdens associated with the rule's implementation.
Learn More