📊SEC Notice on OMB Review for Form F-80 about Canadian Securities
The SEC announces a request for extension of Form F-80, used by large Canadian issuers for registering securities in business combinations. This registration provides U.S. investors with necessary information for informed decisions. The notice invites public comment on the information collection process and outlines the estimated costs and burdens associated with it.
Learn More🤝SEC Notice on Joint Transactions Under Investment Company Act
The SEC has issued a notice regarding an application from Sound Point Meridian Capital, Inc. and associated entities to allow certain business development companies to co-invest in portfolio companies with affiliated entities. The notice details filing dates and the process for public comment or hearing requests about this application under the Investment Company Act of 1940.
Learn More⚖️SEC Policy on Criminal Enforcement Directly Affects Businesses
Pursuant to Executive Order 14294, the Securities and Exchange Commission ("Commission") is publishing this framework for staff consideration of whether to refer potential violations, including of criminal regulatory offenses, to the Department of Justice.
Learn More💰Proposed Rule Changes for Options on Commodity-Based Trust Shares
The Securities and Exchange Commission is exploring proposed rule changes by NYSE American and NYSE Arca to permit options trading on Commodity-Based Trust Shares. These changes aim to enhance investor protection, market transparency, and provide additional avenues for managing exposure to commodities. Comments and concerns on the proposals are invited from interested parties.
Learn More📈Proposed Rule Changes for Recovery and Wind-Down Plans Approved
The SEC approved proposed rule changes from the Depository Trust Company, Fixed Income Clearing Corporation, and National Securities Corporation to amend their recovery and wind-down plans. These modifications aim to enhance compliance with new regulatory requirements, ensuring better risk management and operational readiness during market stress, thereby supporting the continuity of critical financial services.
Learn More📈SEC Proposes Exemption for Closed-End Funds from Annual Meetings
The SEC is considering a new rule allowing Closed-End Funds listed from May 20, 2025, onward to be exempt from annual shareholder meetings, streamlining operations and potentially enhancing market participation. This change aims to protect shareholders while encouraging the formation of new funds by reducing regulatory burdens associated with costly annual meetings.
Learn More📈NYSE Texas Proposes Rule Change for Affiliate Securities Listing
The Securities and Exchange Commission has published a notice regarding NYSE Texas's proposal to amend Article 22, Rule 24, which would introduce requirements for the listing and trading of Affiliate Securities. This amendment aims to ensure that these listings meet the same rigorous standards as other securities, enhancing regulatory oversight and potentially expanding the market's offerings.
Learn More📈MIAX Pearl Proposes Rule Change for PAC Routing Options
The MIAX PEARL, LLC proposes an amendment to Exchange Rule 2617 to enhance the PAC routing option by eliminating unnecessary specification of primary listing markets. This change aims to simplify regulatory compliance, ensuring relevant practices remain dynamic and accurate as the number of primary listing markets evolves, benefiting equity market participants.
Learn More📊NYSE Arca Proposes Rule 4530 for Enhanced Reporting Requirements
NYSE Arca has proposed the adoption of NYSE Rule 4530, focusing on reporting requirements for member organizations. The rule mandates timely reporting of events such as customer complaints and legal actions, aimed at regulatory compliance to enhance market transparency and efficiency. The proposed changes include harmonization with FINRA rules to facilitate better reporting practices within the industry.
Learn More📈SEC Notice on Proposed Rule Change for Bitwise 10 Crypto Index Fund
The SEC issued a notice regarding NYSE Arca's proposed rule change to list and trade shares of the Bitwise 10 Crypto Index Fund. The notice outlines the timeline for commission action and invites comments from stakeholders. The SEC is allowing additional time for thorough evaluation of the proposed rule change, underscoring the significance of regulatory assessments in the evolving landscape of digital asset investments.
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