📈Cboe BZX Exchange Proposed Rule Change Notice
The Cboe BZX Exchange has filed a notice for proposed rule changes to amend existing rules regarding data source disclosure and primary listing markets. These updates aim to improve transparency and clarity for market participants, aligning exchange rules with recent corporate name changes, while ensuring compliance with regulatory standards set by the Securities and Exchange Commission.
Learn More📈Cboe BZX Exchange Notice on Market Maker Rule Change
The Securities and Exchange Commission has announced a longer review period for a proposed rule change from Cboe BZX Exchange, designed to modify requirements for registered Market Makers associated with Derivative Securities. The notice reflects ongoing consideration of the complexities involved in the proposed amendments, which may impact trading practices within the industry.
Learn More⚖️Cboe Updates Application Fee Timing and Withdrawal Regulations
The Securities and Exchange Commission has published a notice regarding Cboe Exchange's proposed rule changes aimed at clarifying application fee submission deadlines and withdrawal timelines. These amend existing rules to provide more flexibility for prospective Trading Permit Holders in submitting fees and clarify application processing timelines, thereby enhancing operational efficiency.
Learn More📈Cboe EDGX Increases 10 Gb Physical Port Fee
The Cboe EDGX Exchange has filed a proposed rule change to increase the monthly fee for 10 Gb physical ports, moving from $7,500 to $8,500. This measure aims to enhance its technology and maintain service levels while remaining competitive with other exchanges. The proposed fee changes reflect inflation and operational costs in the industry.
Learn More📈Proposed Rule Change for Short Term Options Trading Expansions
The Securities and Exchange Commission published a notice regarding Nasdaq ISE's proposed changes to the Short Term Option Series Program, expanding it to include two Monday and Wednesday expiration dates for select qualifying securities. This change aims to increase trading flexibility and alignment with market demand, enhancing trading strategies for market participants.
Learn More💼SEC Notice for Joint Transactions in Investment Companies
The SEC has issued a notice regarding an application from 5C Lending Partners Corp. and associated entities, seeking an order to allow business development companies to co-invest in portfolio companies with affiliated investment firms. This application involves overcoming restrictions within the Investment Company Act of 1940, paving the way for collaborative financial operations among these entities.
Learn More💻New Monthly Fee for Accessing MIAX Pearl Testing Systems
MIAX Pearl LLC has proposed a rule change to amend their fee schedule for accessing their testing systems environment. A new fee of $1,000 per month will apply for dedicated cross connections, while VPN access remains free. This change aims to enhance the testing experience for Members and non-Members, ensuring optimal system performance before live trading.
Learn More📈NYSE Texas Proposes New Rule on Prevention of Information Misuse
The NYSE Texas proposes Rule 11.30, aimed at preventing the misuse of material, non-public information among Participants. This regulation mandates the establishment of written compliance policies, timely reporting, and acknowledgement of these provisions. The rule closely mirrors existing regulations from NYSE Arca, ensuring consistency and robustness in market integrity practices.
Learn More📊SEC Proposes Rule 18a-3 for Security-Based Swap Dealers
The Securities and Exchange Commission is requesting comments on the proposed information collection for Rule 18a-3, which establishes minimum margin requirements and risk management procedures for nonbank security-based swap dealers and participants. The notice details the compliance burden associated with this regulation and invites stakeholder input on its necessity and effectiveness.
Learn More📈SEC Notice on Adams Street Investment Company Exemption Application
The Securities and Exchange Commission (SEC) issued a notice regarding the application by Adams Street Private Equity Navigator Fund LLC and Adams Street Advisors, LLC, seeking an exemption under the Investment Company Act. This exemption would allow for multiple classes of shares and impose fees, providing a framework for enhanced investment management practices.
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