Notice 11 Mar 2025 compliance, regulation, securities, business operations, trust indenture act

📄SEC Comment Request on Form T-2 for Trustee Eligibility

The Securities and Exchange Commission (SEC) is soliciting comments on the extension of Form T-2, which assesses an individual's eligibility to serve as a trustee under the Trust Indenture Act of 1939. The proposal aims to gather feedback on the necessity, accuracy, and burden of this information collection, with written comments accepted for a specified period.

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Notice 11 Mar 2025 sec, regulation, finance, securities, clearing, liquidity risk, ice clear credit

📈SEC Notice on ICE Clear Credit's Liquidity Risk Rule Change

The SEC has published a notice regarding ICE Clear Credit LLC's proposed rule change to its Liquidity Risk Management Framework, aimed at updating outdated references. This rule change is designated for immediate effectiveness, with a solicitation for public comments on its consistency with regulations governing securities exchanges and clearing agencies.

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Notice 11 Mar 2025 compliance, sec, regulations, finance, securities

📄Proposed Collection Notice for Form T-3 Application by SEC

The SEC is requesting comments on the Form T-3 application, used for the qualification of indentures under the Trust Indenture Act of 1939. The notice outlines the information collection process, estimated response times, and invites stakeholders to offer input on its necessity and clarity.

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Notice 11 Mar 2025 regulation, securities, nyse, business, stock exchange, ipo

📈NYSE Proposed Rule Change on Global Stockholder Requirements

The SEC has announced a review period for a proposed rule change by the NYSE that would alter stockholder requirement calculations for companies listing in the U.S. This adjustment aims to harmonize listing processes for foreign companies, influencing how businesses approach their initial public offerings in connection with global market strategies.

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Notice 11 Mar 2025 sec, regulatory compliance, securities, trust indenture, foreign corporation

📄SEC Seeks Comments on Form T-6 Eligibility for Foreign Trustees

The SEC announces a proposed collection under the Paperwork Reduction Act for comments on Form T-6, which assesses eligibility for foreign corporations to act as trustees under the Trust Indenture Act. The notice details the application process and invites feedback on the utility and burden of the information collection.

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Notice 11 Mar 2025 sec, trading, regulation, securities, investment, memx, market hours

⏰MEMX Extends Pre-Market Trading Hours to 4 AM Eastern Time

The SEC has announced the immediate effectiveness of a proposed rule change by MEMX LLC to begin the Exchange's pre-market session at 4 a.m. ET, shifting from the previous start time of 7 a.m. This alignment with other exchanges aims to enhance trading accessibility. Interested parties are invited to comment on the proposal.

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Notice 10 Mar 2025 compliance, sec, regulation, securities, data collection, whistleblower

📄SEC Seeks Comments on Electronic Data Collection System Updates

The Securities and Exchange Commission (SEC) invites comments on the updates to its Electronic Data Collection System, designed for public reporting of tips, complaints, and referrals. The system aims to streamline submissions and gather essential information about potential securities law violations, requiring compliance from business owners and whistleblowers alike.

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Notice 10 Mar 2025 compliance, exchange, regulation, securities, cboe, membership

📊Cboe BYX Exchange Rule Change on Voluntary Termination of Membership

The SEC has published a notice regarding the Cboe BYX Exchange's proposed rule change to amend Rule 2.8, which outlines the procedure for Members wishing to voluntarily terminate their membership rights. The proposed rule emphasizes notification requirements and the exchange’s authority to define specific submission methods, and invites public comments.

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Notice 10 Mar 2025 sec, regulation, securities, investment, financial services

📈SEC Notice on Investment Fund Exemptions and Share Classes

The SEC has issued a notice regarding an application from ISQ Infrastructure Income Fund and I Squared Capital Registered Advisor LLC for exemptions under the Investment Company Act. The application seeks permission for investment companies to issue multiple classes of shares while applying certain fees, subject to potential hearings if requested.

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Notice 10 Mar 2025 compliance, regulation, securities, cboe, edgx, member rights

📄Cboe EDGX Proposes Rule Change on Membership Termination Rights

The Cboe EDGX Exchange has filed a notice with the SEC for a proposed rule change to amend Rule 2.8 regarding the voluntary termination of rights as a Member. The amendment outlines the procedure a Member must follow to terminate its membership rights, emphasizing prior notification to the Exchange by a specified deadline.

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