📈SEC Seeks Comments on Form 13F Compliance Requirements
The Securities and Exchange Commission is soliciting comments regarding the continuation of Form 13F, which requires institutional investment managers to file quarterly reports for U.S. exchange-traded equity securities. The notice outlines regulatory obligations tied to reporting, the methodologies for estimating compliance costs, and the implications of recent amendments affecting data submission practices.
Learn More📈SEC Notice for Joint Investment Applications by BDCs
The SEC has issued a notice regarding an application for an order that allows certain business development companies and closed-end management investment companies to co-invest in portfolio companies. The application aims to permit joint transactions typically prohibited by regulations under the Investment Company Act of 1940. Interested parties may request a hearing regarding this application.
Learn More📈NYSE Connectivity Fee Schedule Proposed Rule Changes
The SEC issued a notice extending the review period for proposed rule changes by various NYSE organizations related to connectivity fees. These changes aim to amend the fee structure for connections to trading floors from the Mahwah Data Center, reflecting the exchanges' evolving operational costs and regulatory considerations.
Learn More📄SEC Seeks Comments on Form T-4 Exemption Process
The Securities and Exchange Commission (SEC) is requesting comments regarding Form T-4, used by issuers to apply for exemptions under the Trust Indenture Act. The SEC plans to extend the information collection, estimating a report preparation burden of about 5 hours per response, primarily borne by external professionals, incurring a cost of approximately $7,200 annually.
Learn More💻Cboe Proposes Increase in 10 Gb Physical Port Monthly Fees
The Securities and Exchange Commission announced a proposed rule change by Cboe C2 Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The adjustment aims to better align fees with inflation and maintain service quality, while also remaining competitive compared to other exchanges.
Learn More📈Cboe Exchange's Proposed Rule Change for Options Trading Approval
The SEC has extended the period for action on a proposed rule change by Cboe Exchange to allow the listing of options on Commodity-Based Trust Shares. The decision aims to provide the Commission adequate time to consider the proposal, impacting trading practices within the options market.
Learn More📈GIX Registration as a National Securities Exchange Approved
The Securities and Exchange Commission has granted approval for Green Impact Exchange (GIX) to register as a national securities exchange, marking a new chapter in the regulation of securities trading. The text details the procedural history of GIX's application, necessary amendments, and the governance structure set to ensure compliance with federal securities laws.
Learn More📄SEC Notice
The Securities and Exchange Commission (SEC) announces a request for extension of Regulation FD, which mandates public disclosure of material information by issuers of publicly traded securities. The notice details the estimated burden of compliance and invites public comments on the collection of information related to this regulation.
Learn More📈OCC Proposes Change to Operational Loss Fee Schedule
The SEC published notice about OCC's proposed rule change to modify the maximum aggregate Operational Loss Fee in its fee schedule. This adjustment aligns with OCC's Capital Management Policy to maintain liquidity and solvency thresholds, reflecting updated operating expenses based on the 2025 budget, ensuring financial integrity for Clearing Members.
Learn More🏛️SEC Crypto Task Force Meeting on DeFi and Regulatory Impacts
The Securities and Exchange Commission is set to hold a public meeting focusing on decentralized finance (DeFi). The roundtable, titled “DeFi and the American Spirit,” invites public participation and discusses critical considerations for the evolving regulatory landscape in the cryptocurrency space. Attendees can engage directly with the Crypto Task Force during the session.
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