💰Proposed Changes to Options Regulatory Fee Impacting Businesses
The Miami International Securities Exchange proposes a temporary decrease in the Options Regulatory Fee, reducing it from $0.0019 to $0.0015 per contract until year-end, followed by a proposed increase to $0.0017 in 2026. This aims to balance regulatory costs associated with options trading amidst high trading volumes and industry volatility.
Learn More📈SEC Notice on Form S-3 Registration Statement Compliance
The SEC announces a proposed extension of information collection related to Form S-3, a registration statement for public securities offerings. The notice requests public comments and details on the estimated burden this form imposes on domestic issuers, highlighting the significance of regulatory compliance for stakeholders.
Learn More⚖️Proposed Rule Change in MEMX LLC Affects Equity Ownership Rights
The Securities and Exchange Commission announces the proposed amendment to the Eighth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC. This amendment reflects updates to member rights concerning equity interests and aims to enhance the administration of the company's governance documents, while clarifying existing provisions to ensure transparency and consistency.
Learn More💹Nasdaq Bitcoin Index Options Proposed for Trading Regulation
The Securities and Exchange Commission has published a notice regarding Nasdaq PHLX LLC's proposed rule change to list and trade Nasdaq Bitcoin Index Options. This new product aims to provide a regulated platform for Bitcoin price reflection, offering opportunities for investors and improving market efficiency. The proposal includes detailed methodologies for settlement and compliance with existing regulations.
Learn More💼NYSE Texas Proposes New Fee Schedule for Lead Market Makers
The NYSE Texas proposes changes to its Fee Schedule to introduce transaction fees, credits, and performance-based financial incentives for Lead Market Makers. This initiative aims to enhance market quality and attract participants amidst a competitive trading environment, encouraging higher liquidity and stability in the exchange.
Learn More🕵️♂️Cboe Proposes Rule Change for Fingerprint-Based Background Checks
Cboe Exchange, Inc. proposes to amend Rule 7.10 to align with Section 17(f)(2) of the Securities Exchange Act, updating the requirements for fingerprint-based background checks on its personnel and contractors. The change seeks to enhance security by formalizing screening processes while excluding certain contractor classifications from existing fingerprint mandates.
Learn More💰MIAX Sapphire Introduces Non-Transaction Fees for Floor Participants
The MIAX Sapphire Options Exchange is set to implement a new Fee Schedule, introducing non-transaction fees for floor participants. Changes include one-time application fees, monthly participant fees, and various additional fees, aimed at shaping a competitive environment for options trading while enhancing operational efficiency.
Learn More📈New Options Trading Rules Approved by SEC for IEX
The SEC has approved Investors Exchange LLC's proposed rules for a new options trading system, IEX Options, which aims to create a fully automated trading environment. This includes measures such as an Options Risk Parameter to help protect market makers from excessive risks and an access delay for more accurate market insights.
Learn More📈New Generic Listing Standards for Commodity-Based Trust Shares Approved
The Securities and Exchange Commission (SEC) has approved new generic listing standards for Commodity-Based Trust Shares by major exchanges, which simplifies the regulatory process for listing and trading these products. This aims to enhance market accessibility and foster competition while ensuring investor protection through stricter compliance and disclosure requirements.
Learn More📈SEC Proposes Collection of Information Under Rule 23c-2
The SEC is soliciting comments on the reinstatement of information collection under Rule 23c-2, which governs the redemption and calling of securities by closed-end funds. The rule mandates specific reporting requirements aimed at ensuring fairness among shareholders and compliance with regulatory standards.
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