📊SEC Sunshine Act Meeting Overview - February 2025
The Securities and Exchange Commission has scheduled a closed Sunshine Act meeting to discuss various enforcement-related topics, including litigation claims and settlement of injunctive actions. Attendance is limited to key officials, and any changes to the meeting's logistics will be announced on the SEC's website.
Learn More📈MIAX Sapphire Proposes New Fees for Market Data Feeds
MIAX Sapphire LLC has filed a notice with the SEC for a proposed rule change to establish fees for its proprietary market data feeds, including the MIAX Sapphire Top of Market and Complex Top of Market data feeds. The rule change is designated for immediate effectiveness and invites public comment.
Learn More📉Applications for Deregistration Under Investment Company Act
Applicant, a unit investment trust, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind. Filing Date: The application was filed on June 21, 2024. Applicant's Address: One American Row, Hartford, Connecticut 06103.
Learn More📈SEC Approves Bitwise Bitcoin and Ethereum ETF Listing
The Securities and Exchange Commission has approved the Bitwise Bitcoin and Ethereum ETF, allowing for the trading of shares under NYSE Arca rules. This decision facilitates investment opportunities in cryptocurrency, with the Trust designed to provide exposure to Bitcoin and Ether values while adhering to regulatory standards. The approval underscores the growing significance of digital assets in the financial market.
Learn More📝Extension of Compliance Date for Form PF Reporting Requirements
The Commodity Futures Trading Commission ("CFTC") and the Securities and Exchange Commission ("SEC") (collectively, "we" or "Commissions") are extending the compliance date for the amendments to Form PF that were adopted on February 8, 2024, from March 12, 2025 to June 12, 2025. 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 ("CPO") or commodity trading adviser ("CTA").
Learn More📈SEC Notice on RBB Fund Trust and Tweedy Browne LLC Application
The SEC has issued a notice regarding an application from The RBB Fund Trust and Tweedy, Browne Company LLC for an exemption under the Investment Company Act of 1940. The exemption seeks to ease the process for amending subadvisory agreements without needing shareholder approval and reduce certain disclosure obligations.
Learn More📈SEC Grants Registration for New Security-Based Swap Execution Facilities
The Securities and Exchange Commission has approved the registration of eight entities as Security-Based Swap Execution Facilities (SBSEFs). This document outlines the compliance requirements these facilities must adhere to, including adherence to specific regulatory rules and statutory core principles designed to ensure market integrity and transparency.
Learn More📊SEC Seeks Feedback for Small Business Capital Formation Initiative
The SEC's Office of the Advocate for Small Business Capital Formation is soliciting feedback to enhance its outreach and support for small businesses. This effort focuses on demographic data, challenges faced by businesses, and improving communication materials to better serve the small business ecosystem.
Learn More📊SEC Proposes Extension of Information Collection Under Rule 15c3-1
The SEC is soliciting comments on the existing collection of information related to Appendix F of Rule 15c3-1, which governs net capital rules for OTC derivatives dealers. The notice highlights compliance requirements and seeks feedback on the proposed information collection process, ensuring its practicality and potential improvements.
Learn More📈SEC Notice on Investment Fund Exemption from Disclosure Requirements
The SEC issued a notice regarding a request for exemption under the Investment Company Act, enabling the RBB Fund Trust and First Eagle Investment Management to amend subadvisory agreements without obtaining shareholder consent. This regulatory action addresses specific disclosure obligations related to subadviser fees, impacting future governance and operational practices within the investment management sector.
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