📄SEC Proposes New Information Collection for Financial Institutions
The SEC announces plans to request new OMB Control Numbers for Form G-FIN and related forms, affecting certain financial institutions involved in government securities activities. This information collection aims to ensure compliance with relevant regulations, with the potential for minimal regulatory burden anticipated. The commission invites public comments on the collection's necessity and utility.
Learn More💰SEC Review of Bitwise Dogecoin ETF Proposal and Implications
The Securities and Exchange Commission (SEC) has designated a longer period for action on a proposed rule change to list and trade shares of the Bitwise Dogecoin ETF under NYSE Arca Rule 8.201-E. This action indicates the SEC's intention to further evaluate the implications of cryptocurrency-based investment products for the market.
Learn More📈SEC Notice on Joint Transactions for Business Development Companies
The SEC issued a notice regarding an application from Banner Ridge DSCO Private Markets Fund and associates, seeking authorization to allow certain business development companies to co-invest in portfolio companies. This decision could facilitate more collaborative investment strategies and broaden funding opportunities within the private markets.
Learn More📈SEC Proposed Rule 6c-11 Extension
The Securities and Exchange Commission is seeking comments on the proposed extension of Rule 6c-11 under the Investment Company Act of 1940, which allows ETFs to operate without an exemptive order. The rule aims to enhance transparency and competition in the ETF market by requiring specific information disclosures and operational protocols.
Learn More📈SEC Reviews Proposed Rule Change for Grayscale Hedera Trust
The Securities and Exchange Commission (SEC) has designated a longer review period for the proposed rule change to list and trade shares of the Grayscale Hedera Trust under Nasdaq regulations. The extension allows the SEC to thoroughly consider the implications of the proposed listing and address any related concerns before making a final decision.
Learn More📄SEC Notice on Schedule 14D-9F Reporting Obligations
The Securities and Exchange Commission (SEC) has submitted a request for extension related to Schedule 14D-9F, which mandates reporting by Canadian foreign private issuers involved in cash tender offers. This regulatory framework aims to facilitate compliance with both Canadian law and U.S. requirements, ensuring transparency for investors in related securities.
Learn More📊SEC Proposes Rules for Broker-Dealer Information Collection
The SEC is soliciting comments on proposed rules 17h-1T and 17h-2T, which mandate broker-dealers to maintain records and submit regular reports concerning their affiliates' activities. This regulation is aimed at assessing the financial and operational risks associated with these entities while ensuring compliance with reporting standards.
Learn More📈NYSE Arca Proposes Rule Change for Timestamp Reporting Compliance
The Securities and Exchange Commission has published a notice regarding NYSE Arca's proposed rule change to amend compliance rules related to timestamp reporting under the CAT NMS Plan. The amendment extends the timestamp granularity exemption, allowing Industry Members to truncate timestamps rather than round them, thereby facilitating compliance and operational efficiency for market participants.
Learn More🤝SEC Notice on Joint Transactions for Investment Companies
The Securities and Exchange Commission issued a notice regarding TCW Steel City Perpetual Levered Fund LP and affiliated companies, requesting an order to permit joint transactions among business development companies and closed-end management investment companies. The notice outlines application details, potential hearings, and how interested parties can engage with the process.
Learn More📈SEC Approves Regulatory Responsibility Amendment for Insider Trading
The SEC has approved an amendment to the plan for allocating regulatory responsibilities among various trading organizations, aimed at enhancing efficiencies in surveillance, investigation, and enforcement of insider trading rules. This amendment adds Green Impact Exchange, LLC as a participant and aims to minimize regulatory duplication, fostering a more streamlined approach for compliance across organizations.
Learn More