📊SEC Notice on Rules 6a-1 and 6a-2 Compliance and Implications
The SEC has submitted a request for OMB approval to extend the information collection requirements under Rules 6a-1 and 6a-2 related to national securities exchanges. This includes the necessity for thorough reporting and documentation filings, crucial for the Commission's oversight and regulatory functions. The proposed regulations emphasize maintaining updated and accurate information for operational compliance and registration processes.
Learn More📈Compliance and Registration Requirements for Investment Companies
The SEC announces a request for an extension on Form N-8A, essential for investment company registration under the Investment Company Act of 1940. The form facilitates the notification of existence to the Commission, ensuring companies are subject to necessary regulations regarding their organizational structure and activities. Compliance is mandatory, and the document invites public comments on the information collection request.
Learn More📈Proposed Rule Change for Options on Ethereum ETFs
The Cboe BZX Exchange proposes a rule change to allow options trading on the Grayscale Ethereum Trust ETF and other Ethereum-based funds. This move is expected to enhance market accessibility and provide investors with new avenues for managing Ethereum-related investments, reflecting the growing significance of cryptocurrency in financial markets.
Learn More📈OMB Review and Comment Request on Regulation ATS, Rule 304
The Securities and Exchange Commission has announced a request for OMB review regarding Rule 304 of Regulation ATS, which establishes compliance requirements for alternative trading systems. This rule, including Form ATS-N, aims to enhance operational transparency, promote competition, and ensure market participants are informed about ATS operations and potential conflicts of interest.
Learn More📈SEC Notice on Exemption for Investment Companies and Share Classes
This document details the SEC's notice regarding an application from AMG Comvest Senior Lending Fund and Comvest Credit Managers, LLC, seeking exemption under the Investment Company Act to permit closed-end management investment companies to issue various classes of shares with different fees. It outlines the application process and contacts for further information.
Learn More⚖️Nasdaq Expands Authority on Disciplinary Proceedings
The Securities and Exchange Commission has approved Nasdaq's proposal to assume greater operational responsibility for litigating contested disciplinary proceedings. This rule change allows Nasdaq to directly manage investigations and enforcement actions arising from its own initiatives, streamlining the regulatory process while maintaining procedural protections for its members.
Learn More📈SEC Grants Temporary Exemption for Rule 13f-2 and Form SHO Compliance
The SEC has granted a temporary exemption from compliance with Rule 13f-2 and Form SHO for institutional investment managers, extending the deadline for reporting requirements to January 2, 2026. This decision, made in response to industry concerns about implementation challenges, aims to facilitate accurate reporting and operational readiness among market participants.
Learn More💼Nasdaq BX Delays New Options Regulatory Fee Implementation
The Securities and Exchange Commission announces Nasdaq BX's proposed rule change to delay the implementation of the new Options Regulatory Fee (ORF) and its methodology. The new fee structure is now set to be implemented on June 1, 2025, with a planned sunset on December 1, 2025. Interested parties are invited to comment on the proposal.
Learn More📈Nasdaq GEMX Delays Implementation of New Options Regulatory Fee
The Securities and Exchange Commission (SEC) published a notice regarding Nasdaq GEMX's proposal to delay the implementation of a new Options Regulatory Fee and its related methodology. This proposed delay aims to provide additional time for stakeholders to adjust to the upcoming changes, which are now set for implementation in June 2025.
Learn More📈MIAX Sapphire Proposes New Fees for Market Data Feeds
MIAX Sapphire LLC has filed a notice with the SEC for a proposed rule change to establish fees for its proprietary market data feeds, including the MIAX Sapphire Top of Market and Complex Top of Market data feeds. The rule change is designated for immediate effectiveness and invites public comment.
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