📊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.
Learn More📈Changes to Margin Call Process for Clearing Members Impacting Business Risk
The SEC has published a notice regarding a proposed rule change by the Options Clearing Corporation (OCC) to update its intraday margin call process. The new approach will incorporate real-time position evaluations, aiming to enhance risk management and reduce financial exposure for clearing members. These changes are designed to improve OCC's oversight of intraday trading risks.
Learn More📈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 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 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 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💼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📈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💻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.
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