📈SEC Extends Review on MIAX PEARL's Trading Rule Changes
The SEC is extending the review period for MIAX PEARL, LLC's proposed rule change related to listing and trading options on Commodity-Based Trust Shares. This designation allows the Commission additional time to evaluate the proposed amendments thoroughly before making a decision. No public comments were received regarding this amendment, indicating a controlled market response to the change.
Learn More📊SEC Proposes Extension for Form Custody Compliance Requirements
The Securities and Exchange Commission (SEC) is soliciting comments on the existing collection of information under Form Custody, mandated for broker-dealers to report on the custody of customer and non-customer assets. This regulation is critical for ensuring compliance and operational transparency within the financial sector.
Learn More📈MIAX Pearl Updates Data Feed Rules Following NYSE Texas Name Change
The Securities and Exchange Commission published a notice regarding MIAX Pearl's proposed rule change to amend Exchange Rule 2613, updating the name from NYSE Chicago, Inc. to NYSE Texas, Inc. This change aims to ensure clarity and transparency in data feeds used for equity securities.
Learn More📈Cboe BZX Proposes Rule Change for Fidelity ETFs
The Cboe BZX Exchange has filed a proposed rule change to allow Fidelity ETFs to operate semi-transparent and fully-transparent investment sleeves. This amendment aims to enhance the flexibility of investment strategies while ensuring compliance with regulatory standards. The rule seeks to increase transparency in the management of these ETFs, enabling a broader range of permissible investments.
Learn More📈SEC Notice on Ardian Access LLC Exemption Application Overview
The SEC has issued a notice regarding Ardian Access LLC and Ardian US LLC's application for exemptions under the Investment Company Act of 1940. The request seeks to allow registered closed-end investment companies to issue multiple classes of shares with different sales loads and distribution fees, aimed at enhancing their operational flexibility.
Learn More📈NYSE Proposes Rule Change for Affiliate Name Update
The New York Stock Exchange is filing a proposed rule change to conform its rules to reflect the name change of its affiliate from NYSE Chicago, Inc. to NYSE Texas, Inc. The changes are non-substantive and aim to enhance clarity and transparency in trading rules, simplifying compliance for market participants.
Learn More💻NYSE American Proposes Changes to Connectivity Fee Schedule
The NYSE American has filed with the SEC to amend its Connectivity Fee Schedule, proposing TF Connections to the trading floors. This includes virtual control circuits and virtual routing services, enabling users to connect easily with exchange platforms while ensuring compliance with existing regulations. The fee structure remains unchanged, offering businesses various connectivity options.
Learn More📈NYSE National Rules Amendments for Retail Price Improvement Strategy
The SEC has approved proposed changes to NYSE National rules that introduce a Retail Price Improvement Seeking routing strategy for Type 1 Retail Orders. This amendment aims to enhance the retail liquidity program, offering retailers the potential for improved order execution by routing to the NYSE, thereby fostering competition within the market.
Learn More📈NYSE Arca Proposes Rule Change on Virtual Connectivity Services
The NYSE Arca has filed a proposed rule change to amend its connectivity fee schedule, introducing Virtual Control Circuit services that connect to trading floors. This proposal aims to enhance competition among circuit providers and offer users expanded options for trading data transmission, with an equal application to all market participants.
Learn More💼LCH SA Proposes New Collateral Concentration Limits for Clearing Members
The Securities and Exchange Commission (SEC) has announced LCH SA's proposed rule change to amend collateral concentration limits for supranational and European agency securities. The revision aims to provide more flexibility for clearing members in meeting initial margin requirements, allowing for individual limits per issuer while maintaining risk management standards.
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