💰Nasdaq Proposes In-Kind Transfers for Hashdex Crypto ETF
The Securities and Exchange Commission has published a notice on a proposed rule change by Nasdaq to amend the Hashdex Nasdaq Crypto Index US ETF. This change will allow for in-kind transfers of bitcoin and ether, thereby enhancing the ETF's operational efficiency and potentially benefiting market participants by streamlining transactions involving digital assets.
Learn More📈SEC Extends Exemptive Relief for CAT NMS Requirements
The SEC has granted an extension of temporary conditional exemptive relief regarding certain requirements under the CAT NMS Plan. This extension addresses lifecycle linkages between customer and representative orders, providing additional time for businesses to comply and preventing potential operational challenges associated with immediate compliance.
Learn More📄SEC Requests Comments on Proposed Collection of Information under Rule 17a-1
The SEC is seeking comments on the proposed collection of information under Rule 17a-1, which mandates specific record-keeping practices for national securities exchanges, associations, and clearing agencies. This notice details compliance requirements, estimated time burdens, and requests public feedback on the collection's necessity and methodology.
Learn More📈SEC Reviews Proposed Rule Change for Canary SUI ETF Listing
The SEC is considering a proposed rule change for the Cboe BZX Exchange to list and trade shares of the Canary SUI ETF, which aims to track the performance of the SUI cryptocurrency. The proposal's review includes assessing its compliance with regulatory standards focused on investor protection and market integrity.
Learn More📈FINRA Proposes Amendments to Transaction Reporting Rule 6730
The SEC released a notice on FINRA's proposed amendment to Rule 6730, which seeks to retain the 15-minute reporting limit for TRACE-eligible securities. This amendment includes options for reporting allocations across customer accounts, currently under consideration as the SEC extends the review period to gather more input on the changes.
Learn More📈MSRB Proposed Rule Change on Reporting Timelines for Municipal Securities
The Securities and Exchange Commission received a proposed rule change from the Municipal Securities Rulemaking Board to amend rules governing transaction reporting for municipal securities. Notably, this change aims to revert the timeframe for reporting transactions back to a 15-minute window, affecting how industry participants handle their reporting obligations.
Learn More📈Proposed Rule Change for Cboe's Opening Process for Options
The Cboe Exchange proposes to amend its opening process for simple orders in exclusively listed index option classes, aiming to improve trading efficiency by allowing certain options to open even without meeting the maximum composite width requirements. This change seeks to facilitate trading during volatile market conditions, enhancing market accessibility and liquidity.
Learn More📊SEC Notice on Proposed Extension of Rule 19b-4(e) Compliance
The SEC is requesting comments on the proposed collection of information under Rule 19b-4(e), which allows SROs to trade new derivative securities products with specific reporting requirements. The regulation aims to maintain accurate records of such products and support SRO compliance during inspections.
Learn More📈Amendments to Certificate of Incorporation for Miami International Holdings
The Securities and Exchange Commission issued a notice regarding MIAX Pearl's proposal to amend its parent company’s certificate of incorporation. This includes plans for a reverse stock split and retains existing ownership restrictions, aimed at maintaining effective governance and operational capacity within regulatory frameworks.
Learn More📈Miami International Exchange Proposes Key Changes to Governance Structure
The Securities and Exchange Commission has noticed a proposed rule change from the Miami International Securities Exchange to amend its certificate of incorporation. The changes involve a reverse stock split of its capital structure and aim to clarify ownership and voting limitations, ensuring compliance with regulatory standards and maintaining operational integrity.
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