📊SEC Proposal to Amend Clearing Agency Risk Management Framework
The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company to amend its Clearing Agency Risk Management Framework. The amendments aim to clarify processes surrounding risk management and improve overall operational efficiency. Stakeholders are invited to submit comments on the proposed changes.
Learn More📊MIAX Fee Schedule Changes Proposal and Business Impact
The Miami International Securities Exchange, LLC proposed a rule change to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including the Top of Market and MIAX Order Feed. This change aims for immediate effectiveness and invites public comments, allowing stakeholders to engage in the regulatory process.
Learn More📈SEC Notice on Jefferies Credit Management's Share Issuance Application
The SEC issued a notice regarding Jefferies Credit Management LLC's application for an exemption under the Investment Company Act to allow multiple classes of shares for certain investment companies. The notice includes filing dates, hearing notification details, and further contact information for inquiries.
Learn More📈SEC Notice on Columbia Credit Opportunities Fund Exemptions
The notice from the Securities and Exchange Commission pertains to an application for exemptions under the Investment Company Act, allowing the Columbia Credit Income Opportunities Fund to issue multiple classes of shares and implement service fees and early withdrawal charges. Interested parties may request a hearing on the matter.
Learn More📄SEC Notice on Information Collection for Rule 0-4 Compliance
The SEC is proposing an extension for Rule 0-4 under the Advisers Act, which prescribes application requirements for exemptive relief. The notice solicits comments on the information collection process, allowing stakeholders to provide input on its necessity, utility, and burden on applicants.
Learn More💰Nasdaq Proposes Changes to Transaction Fees Affecting Businesses
The Nasdaq Stock Market LLC has filed a proposed rule change to amend its transaction fees for the Nasdaq Report Center and the Equity Trade Journal for Clearing Firms. This notice invites comments from interested parties on the proposal, highlighting the importance of stakeholder feedback in the regulatory process.
Learn More📈SEC Notice on Fidelity Ethereum Fund Options Listing
The SEC issued a notice regarding the Cboe EDGX Exchange's proposed rule change to list options on the Fidelity Ethereum Fund. The notice indicates an extension of the Commission's review period to allow adequate consideration of this significant financial instrument, with the new decision deadline set for May 14, 2025.
Learn More📈SEC Notice on Cboe Proposed Rule Change for Future-Option Orders
The Securities and Exchange Commission has issued a notice regarding Cboe Exchange's proposed rule change to allow orders with options and futures legs, termed "Future-Option Orders." The Commission has designated an extended timeline for reviewing this proposal, aiming to ensure adequate consideration of the change and its implications for the market.
Learn More📊SEC Requests Comments on Form 12b-25 Extension for Late Filings
The Securities and Exchange Commission has submitted a request for extension of Form 12b-25, which notifies the Commission and the market about late filings of reports. The form allows for an automatic extension if conditions are met and supports compliance with relevant securities laws. Comments on this information collection are invited to assess its utility and burden.
Learn More📈SEC Prolongs Action on Bitcoin Options Regulation Proposal
The SEC announces an extended period for considering a proposed rule change from NYSE Arca, Inc. related to options on the Grayscale Bitcoin Mini Trust and Bitwise Bitcoin ETF. The extension allows for a thorough assessment before making a decision regarding the amendments to position and exercise limits, as well as the introduction of Flexible Exchange Options.
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