💹NYSE Proposes Rule Change to Amend Price List with New Routing Fees
The NYSE has filed a notice regarding a proposed rule change to amend its price list by adopting fees for orders routed via the Midpoint Ping strategy. The change, effective April 1, 2025, aims to enhance access to midpoint liquidity while promoting competition among exchanges.
Learn More📄SEC Notice
The SEC announces a request for extension of Rule 0-2 and Form ADV-NR, which facilitates service of process on non-resident investment advisers. This aims to ensure accountability for entities operating in the U.S. market but not residing domestically, specifying necessary filing procedures and compliance within federal securities laws.
Learn More📈NYSE Proposes Fee Exemption for First Five Years of Listing
The SEC published a notice regarding NYSE's proposed amendment to reduce listing fees for issuers listing a primary class of common equity. The amendment aims to exempt new listings from additional fees during their first five years, enhancing predictability for companies' financial planning and encouraging more firms to take public equity.
Learn More📊NYSE Texas Amends Fee Schedule to Boost Trading Incentives
The NYSE Texas proposes a rule change to amend its Fee Schedule, increasing Transaction Fee Credits and Clearing Submission Fee Credits to incentivize enhanced trading and clearing activities. This effort responds to the competitive market landscape and aims to attract order flow to the Exchange, promoting market participation and liquidity.
Learn More💼SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding an application from various business development companies for permission to co-invest in portfolio companies alongside affiliated investment entities. The notice outlines streamlined procedures compared to previous orders and details applicant information. The application aims to facilitate joint financial ventures and improve investment strategies in compliance with SEC regulations.
Learn More📊Amendments to Rule 482 on Fund Advertising Disclosures
The Securities and Exchange Commission is revising Rule 482, which governs the advertising of securities by investment companies. The amendments aim to correct outdated references and align disclosure requirements for money market funds with updated regulations, ensuring investors receive balanced and accurate performance information in fund advertisements.
Learn More📊SEC Requests Comments on Proposed Form F-80 Information Collection
The Securities and Exchange Commission (SEC) is seeking public comments on the proposed extension of Form F-80, a registration form for certain large, publicly traded Canadian issuers. This form is designed to inform U.S. investors about material details regarding registered Canadian securities and facilitate informed voting and investment decisions.
Learn More📈Proposed Amendments to NSCC Recovery and Wind-Down Plan
The Securities and Exchange Commission has published notice of the National Securities Clearing Corporation's proposed amendments to its Recovery and Wind-Down Plan. These amendments are aimed at reflecting recent business developments, enhancing clarity, and ensuring effective risk management practices in maintaining continuous critical services essential for market stability. The plan outlines strategies for recovery and orderly wind-down of operations under stress scenarios.
Learn More⚖️NYSE Proposes Rule Change for Pre-Trade Risk Controls on Trading
The Securities and Exchange Commission has announced a proposed amendment by the New York Stock Exchange to modify the pre-trade risk controls accessible to Floor brokers. The adjustment aims to streamline the process, allowing only member organizations to set specific controls, reinforcing their compliance and risk management responsibilities.
Learn More📈SEC Notice for RJ Private Credit Income Fund Exemption Application
The SEC has issued a notice regarding the RJ Private Credit Income Fund's application for exemptions from specific sections of the Investment Company Act of 1940. The application aims to enable certain closed-end investment companies to issue multiple classes of shares and charge early withdrawal fees. Interested parties may request a hearing on the matter.
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