💼NYSE Proposes Rule Change for Hardware and Managed Services
The New York Stock Exchange (NYSE) is proposing a rule change to its Connectivity Fee Schedule, introducing hardware procurement and managed services in the Mahwah Data Center. This change aims to simplify the acquisition of IT services for users, allowing them to contract through NYSE rather than multiple vendors, streamlining procurement and reducing onboarding burdens.
Learn More💼SEC Notice on Joint Transactions for Business Development Companies
The SEC issued a notice regarding an application from Constitution Capital Access Fund, LLC and others for permission to allow joint transactions among business development companies and affiliated entities. The request seeks to enable collaborative co-investment strategies that may be beneficial for portfolio management and investment diversification.
Learn More📈Proposed Change to Rule 900.3NYP Enhances Market Order Execution
The SEC published a notice regarding NYSE American LLC's proposed rule change to amend the handling of Market Orders by eliminating a validation that resulted in order cancellations. This change is aimed at improving execution opportunities, benefiting local interests and maintaining market integrity.
Learn More💰Nasdaq Imposes New Fee for WorkX PRO Monitor Effective September 2025
The SEC has announced a proposed amendment to Nasdaq's exchange fees, specifically introducing a monthly fee for the WorkX PRO Monitor Full Version aimed at enhancing trade reporting efficiency. The new service will improve the price override request process for market participants, allowing for real-time tracking and submissions of trade reports, streamlining compliance with FINRA regulations.
Learn More💼Nasdaq Proposes Rule Change Affecting Order Entry Fees
The Securities and Exchange Commission published a notice of Nasdaq's proposed rule change to amend Equity 7, Sections 115 and 130. The amendments involve establishing a $575 monthly fee for new CORE FIX Order entry ports and introducing temporary fee waivers to incentivize adoption of these ports, enhancing the trading experience for users.
Learn More📈NYSE American Proposes Changes to Auction Imbalance Information
The NYSE American has filed a proposed rule change to amend Rule 7.35E regarding the calculation of Auction Imbalance Information. This change aims to enhance the accuracy of trading signals by basing the imbalances on the Auction Reference Price instead of the Indicative Match Price, potentially improving the efficiency and quality of auctions on the exchange.
Learn More📈SEC Notice on Amendment to National Market System Plan
The Securities and Exchange Commission issued a notice regarding the filing of an amendment to the National Market System Plan, proposing to add 24X National Exchange LLC as a party. This amendment aims to further manage the selection and reservation of securities symbols, inviting comments from interested parties on the changes proposed.
Learn More📄SEC Notice on Form 1-SA Compliance Requirements
The SEC announces an information collection request for Form 1-SA, required for Tier 2 issuers under Regulation A. This form collects semiannual financial reports and operational data to enhance transparency for investors. It is linked to compliance with the Paperwork Reduction Act, with a significant estimated burden on issuers.
Learn More📈SEC Notice on Joint Transactions for Business Development Companies
The SEC issues a notice regarding an application for an order under the Investment Company Act to allow certain business development companies to co-invest in portfolio companies with affiliated entities. This could alter co-investment strategies and regulatory dynamics within the investment management sector.
Learn More💹NYSE Proposes Rule Change for Reserve Order Quantity Flexibility
The Securities and Exchange Commission has announced the New York Stock Exchange's proposed amendment to Rule 7.31(d)(1)(A), which allows Reserve Orders to have mixed lot sizes. This change aims to harmonize functionalities across markets and enhance displayed liquidity, facilitating increased interaction among market participants.
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