📄SEC Notice on Form T-4 Exemption Application Requirements
The SEC issues a notice regarding the extension of information collection for Form T-4, which issuers must complete to apply for exemptions under the Trust Indenture Act. The estimate indicates a financial and time burden associated with the mandatory preparation and filing of the form, aimed at enhancing regulatory compliance.
Learn More📊SEC Notice on Paxos Clearing Agency Application Impacts
Paxos Securities Settlement Company, LLC has filed an application with the SEC for registration as a clearing agency. The application details its intended services, including clearance and settlement through a private, permissioned settlement service using distributed ledger technology. The SEC is soliciting comments on this application as part of its review process.
Learn More📈Proposed Rule Change on Sponsored Access and Compliance Requirements
The SEC is reviewing a proposed rule change by MX2 LLC to amend its rules regarding Sponsored Access. The changes aim to define Sponsored Access clearly and codify compliance obligations under SEC's Market Access Rule, ensuring clarity for Sponsoring Members and Sponsored Participants in market access relationships. This aims to promote clarity and regulatory compliance in trading operations.
Learn More📉Nasdaq MRX Proposes Decrease in Options Regulatory Fee Effective 2026
The Nasdaq MRX has filed a notice to decrease the Options Regulatory Fee, reducing it from $0.0139 to $0.0116 per contract side, effective January 2, 2026. This proposal follows a review of the Exchange's regulatory costs and fees and aims to align the ORF with expected regulatory expenses, benefiting market participants.
Learn More📄SEC Rule 19d-1
The SEC is seeking an extension for information collection under Rule 19d-1, requiring self-regulatory organizations to report various final SRO actions. This rule includes disciplinary actions and delistings and mandates timely reporting to ensure adequate compliance oversight by the SEC.
Learn More📈SEC Proposes Compliance Standards for Security-Based Swap Dealers
The SEC is seeking an extension for information collection concerning business conduct standards for security-based swap dealers and major participants. This involves compliance with new regulations established under the Dodd-Frank Act, aimed at enhancing transparency and protecting investors by establishing rigorous reporting and operational standards for entities engaging in security-based swaps.
Learn More📈Rule Change on Sponsored Access Regulations by MEMX Exchange
The SEC published a notice regarding MEMX LLC's proposed rule change to amend Exchange Rules 11.3, defining “Sponsored Access” and reinforcing the requirement for agreements between Sponsoring Members and Sponsored Participants to comply with the Market Access Rule (MAR). The amendment aims to clarify obligations and enhance regulatory compliance within the trading landscape.
Learn More📈NYSE American Options Fee Schedule Waiver
The SEC has published a notice regarding a proposed rule change by NYSE American to waive maximum combined Floor Broker credits for certain trades during selected months. This adjustment aims to promote liquidity and encourage continued trading activity within the exchange, thereby enhancing the overall market execution environment for participants.
Learn More💼SEC Notice on Joint Transactions for Investment Companies
The SEC issued a notice regarding an application from Fortress Private Lending Fund and related entities to allow joint transactions among business development companies and affiliated investment entities, seeking regulatory relief from prohibitions on certain co-investments. Interested parties may request a hearing to contest the application or seek further information.
Learn More📈SEC Notice on Man Diversified Income Fund Regulatory Exemption
The SEC published a notice regarding an application from Man Diversified Income Fund and Man Solutions LLC seeking exemptions under the Investment Company Act of 1940. The application requests permission for certain investment companies to issue multiple classes of shares and impose fees, potentially affecting regulatory practices in asset management.
Learn More