💻Proposed Rule Change for Hardware and Managed Services at NYSE Texas
The NYSE Texas proposes amendments to its Connectivity Fee Schedule, introducing hardware procurement and managed services at the Mahwah Data Center. This aims to ease the procurement process for Users by allowing them to contract directly with FIDS, thus facilitating faster service access while simplifying vendor onboarding procedures.
Learn More📈SEC Approves FINRA and 24X Regulatory Responsibility Allocation Plan
The Securities and Exchange Commission has approved a plan between the Financial Industry Regulatory Authority and 24X National Exchange to allocate regulatory responsibilities. The plan aims to reduce unnecessary regulatory duplication for mutual members, enhancing operational efficiency while ensuring effective oversight of compliance with applicable laws and regulations.
Learn More🏛️SEC Sunshine Act Meeting on Foreign Private Issuer Discussion
The Securities and Exchange Commission announces an open meeting to discuss the definition of a foreign private issuer under the Sunshine Act. The meeting will be accessible to the public and will also be webcast live, offering insights into evolving regulatory frameworks affecting businesses operating across borders.
Learn More📈SEC Proceeds with Rule Change for WisdomTree XRP Fund Shares
The SEC has initiated proceedings to determine whether to approve or disapprove the proposal for the WisdomTree XRP Fund's shares to be listed on the Cboe BZX Exchange. The investment objective of the Trust is to track XRP performance, consisting solely of XRP, cash, and cash equivalents. The SEC seeks public comment on this proposal, raising questions about compliance with existing regulations.
Learn More📊Cboe BYX Updates Data Disclosure Rules for NYSE Texas
The Cboe BYX Exchange proposes to amend Rule 11.26(a) to reflect the name change of NYSE Chicago, Inc. to NYSE Texas, Inc., ensuring accurate public disclosure of data sources used in order processing. The changes aim to enhance transparency and improve compliance in securities transactions.
Learn More💼SEC Notice for Blackstone’s Joint Transaction Application
The SEC has issued a notice regarding an application for an order that would allow certain business development companies and closed-end investment firms to co-invest in portfolio companies. This move aims to authorize joint transactions that are typically prohibited under current regulations, potentially expanding investment strategies available to applicants.
Learn More💱Nasdaq Bitcoin Index Options Trading Proposal and Implications
The Securities and Exchange Commission is considering Nasdaq PHLX LLC's proposal to list and trade cash-settled options on the Nasdaq Bitcoin Index. This proposal aims to provide investors and corporations with risk management tools and the ability to hedge exposure to bitcoin while awaiting public comments on its compliance with securities regulations.
Learn More📈SEC Considers Listing Shares of Canary XRP Trust on Cboe BZX
The Securities and Exchange Commission is evaluating a proposed rule change to allow the listing and trading of shares of the Canary XRP Trust. This proposal aims to track the performance of the digital asset XRP, raising various legal and policy considerations regarding investor protection and market integrity. Public comments are encouraged as part of the review process.
Learn More📈SEC Notice on Proposed Rule for Canary Staked TRX ETF
The Securities and Exchange Commission published a notice regarding the proposed rule change for Cboe BZX Exchange to list and trade shares of the Canary Staked TRX ETF. The proposed ETF aims to provide investors with regulated access to TRX, a significant cryptocurrency, fostering innovation and market development within the financial landscape.
Learn More📄SEC Notice on Rule 0-4 Submission for OMB Review
The SEC gives notice regarding the extension of Rule 0-4 under the Investment Advisers Act, which prescribes the requirements for applications seeking exemptive relief. The rule aims to guide the Commission in assessing exemption requests while detailing the associated cost burdens for applicants, which vary based on application complexity.
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