📈New Rules for Options Trading on Investors Exchange (IEX)
This document details the proposed amendments to trading rules for options in the Investors Exchange LLC (IEX). It discusses the introduction of a fully automated trading system and various provisions aimed at improving market efficiency and reducing risks associated with stale quotes, thereby establishing a robust framework for options trading.
Learn More📈SEC Notice on Columbia Credit Opportunities Fund Exemptions
The notice from the Securities and Exchange Commission pertains to an application for exemptions under the Investment Company Act, allowing the Columbia Credit Income Opportunities Fund to issue multiple classes of shares and implement service fees and early withdrawal charges. Interested parties may request a hearing on the matter.
Learn More📈MIAX Emerald Options Exchange Proposes New Fee Schedule Changes
The Securities and Exchange Commission publishes a notice of MIAX Emerald's proposed amendments to its Options Exchange Fee Schedule, introducing new categories for proprietary market data feeds. The proposal is designated for immediate effectiveness and solicits public comments before potential implementation.
Learn More📈SEC Proposes Rule for Franklin XRP Fund Listing
The SEC has published a notice regarding a proposed rule change to list and trade shares of the Franklin XRP Fund as Commodity-Based Trust Shares. This development seeks to enhance investor access to XRP while ensuring compliance with regulatory standards, aiming to address concerns related to investor protection and market manipulation.
Learn More📈Proposed Rule Change for Options on Commodity-Based Trust Shares
The Securities and Exchange Commission is considering a proposed rule change from MIAX Pearl to allow the listing and trading of options on Commodity-Based Trust Shares. This amendment aims to enhance trading efficiency and competition among exchanges, benefiting market participants by enabling quicker hedging opportunities on these commodities.
Learn More📈SEC Notice
The SEC has issued a notice regarding the Antares Strategic Credit Fund's application for an exemption under the Investment Company Act of 1940, enabling registered investment companies to issue various classes of shares with different fee structures. Hearing requests can be submitted to the SEC's Secretary until April 8, 2025.
Learn More📈Nasdaq PHLX Rule Change on Liquidity Credit Impacting Members
The Securities and Exchange Commission announces a filing by Nasdaq PHLX LLC to amend Rule Equity 7, Section 3, which proposes the removal of a liquidity credit for member organizations. This proposed change is set for immediate effectiveness and invites public comments.
Learn More📈Nasdaq ISE Proposes Rule Change for Options Trading on Commodity Trusts
The SEC is considering a proposed rule change from Nasdaq ISE that would amend listing rules to facilitate trading options on units representing interests in commodity-based trusts, aiming to enhance investment opportunities in the financial markets.
Learn More💼SEC Notice on Co-Investment Application by Meketa Capital, LLC
The SEC has issued a notice regarding an application from Meketa Capital, LLC, and related entities seeking an order to co-invest in portfolio companies. This notice outlines the implications of joint transactions that are generally prohibited, providing insight into regulatory compliance for investment management firms.
Learn More📈SEC Notice for Investment Company Act Exemption on Share Classes
The SEC issued a notice regarding an application for exemptions under the Investment Company Act of 1940, enabling certain registered closed-end investment companies to issue multiple classes of shares featuring varying sales loads and distribution fees. The applicants include Ares Capital Management and affiliated funds. Interested parties can request a hearing on the matter before the deadline.
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