📜SEC Seeks Comments on Proposed Collection for Rule 7d-1 Compliance
The Securities and Exchange Commission (SEC) is soliciting comments on the information collection requirements under Rule 7d-1, which governs the registration of foreign investment funds. The rule includes provisions for documentation, agreements, and compliance measures necessary for registration under U.S. securities laws, especially targeting Canadian funds.
Learn More🪙SEC Proceedings on Bitwise XRP ETF Approval Impacting Investments
The SEC has initiated proceedings to determine the approval of a proposed rule change for trading shares of the Bitwise XRP ETF on the Cboe BZX Exchange. This analysis follows a request for public comments on the proposal, which aims to track the performance of XRP through the Trust. The discussion focuses on legal and policy issues pertaining to the proposal.
Learn More💹SEC Reviews Proposed Rule for In-Kind Bitcoin and Ethereum Funds
The SEC is assessing a proposed rule change by Cboe BZX Exchange to amend the listing and trading rules for Fidelity's Bitcoin and Ethereum Funds. This proposal seeks to enable in-kind creations and redemptions, which are critical for fund management strategies and compliance within the cryptocurrency market. The Commission is inviting public comments on these changes.
Learn More📄SEC Notice on Rule 0-4 Submission for OMB Review
The SEC gives notice regarding the extension of Rule 0-4 under the Investment Advisers Act, which prescribes the requirements for applications seeking exemptive relief. The rule aims to guide the Commission in assessing exemption requests while detailing the associated cost burdens for applicants, which vary based on application complexity.
Learn More📈SEC Grants Notice for Co-Investment Relief for BDCs
The SEC has published a notice regarding an application from several investment funds seeking permission to co-invest in portfolio companies. This order aims to allow better collaboration among business development companies and closed-end management investment firms, which could lead to strategic investment opportunities and resource sharing. Interested parties can request a hearing on the matter by specified deadlines.
Learn More📈Nasdaq's Proposed Rule Change for iShares Ethereum Trust
The Securities and Exchange Commission has published a notice regarding Nasdaq's proposed rule change to allow in-kind transactions for the iShares Ethereum Trust. This change aims to enhance operational efficiency, promote just trading principles, and update custodial arrangements for the Trust's ether holdings while amending certain representations under Nasdaq regulations.
Learn More📈Cboe BZX Exchange Fee Schedule Amendments Overview
The Cboe BZX Exchange has proposed changes to its fee schedule, including updates to Add Volume Tiers and the introduction of a new Cross Asset Tier. These modifications aim to adjust rebate structures and criteria, fostering enhanced liquidity and order flow, and encouraging greater participation across exchange platforms.
Learn More📈SEC Notice on Co-Investment Application for Eagle Point Entities
The Securities and Exchange Commission's notice details an application from Eagle Point Credit Company Inc. and its affiliates requesting permission to allow joint transactions between various investment entities. The document outlines procedural aspects regarding public hearings and how affected parties can engage in the process.
Learn More📈Proposed Rule Change for Cross-Margining Agreement Between FICC and CME
The Securities and Exchange Commission announces the proposed Second Amended and Restated Cross-Margining Agreement between the Fixed Income Clearing Corporation and the Chicago Mercantile Exchange. This agreement aims to improve margin efficiency and risk management for eligible affiliates while ensuring compliance with regulatory standards. The changes also extend the termination notification period and clarify participant responsibilities in the cross-margining arrangement.
Learn More📈Proposed Business Conduct Standards for Swap Dealers and Participants
The SEC is seeking comments on proposed information collection related to business conduct standards for security-based swap dealers and major participants. This initiative aims to enhance transparency and investor protection within the security-based swap market, requiring detailed disclosures and compliance measures for involved entities.
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