📈Nasdaq ISE Proposes SQF Ports Subscription Limit for Market Makers
The Securities and Exchange Commission published a notice regarding a proposed rule change by Nasdaq ISE, LLC aimed at imposing a limit of 250 Specialized Quote Feed Ports that Market Makers may subscribe to each month. This change is intended to enhance operational efficiency and ensure secure trading practices while maintaining necessary regulatory oversight.
Learn More📈Nasdaq MRX Proposes Rule Change on SQF Ports for Market Makers
Nasdaq MRX proposes a rule change to limit the number of Specialized Quote Feed (SQF) Ports a Market Maker can subscribe to in a month, aiming for greater efficiency in connectivity management. The cap is set at 250 ports, impacting how Market Makers operate while fulfilling regulatory obligations. The changes are intended to secure trading environments and promote market growth.
Learn More📈Nasdaq BX Proposes Limit on SQF Ports for Market Makers
The Nasdaq BX proposes a rule change to limit Market Makers to 250 Specialized Quote Feed (SQF) Ports per month, impacting how they connect to the exchange and manage their trading operations. The change is aimed at improving operational efficiency and maintaining a secure trading environment while fulfilling regulatory requirements related to quote submissions.
Learn More💼SEC Notice on Lord Abbett Private Credit Fund Exemption Application
The SEC issues a notice regarding an application by Lord Abbett Private Credit Fund for an exemption under the Investment Company Act, allowing the issuance of multiple share classes with diverse fees. This move aims to enhance operational flexibility for investment companies regulated as business development companies. Interested parties can request a hearing or further information through specified channels.
Learn More📄Proposed Rule Change for GSD Rulebook - SEC Notice
The SEC has extended the review period for a proposed rule change by the Fixed Income Clearing Corporation regarding modifications to the Government Securities Division Rulebook. This change focuses on default management practices and the porting of indirect participant activities, with implications for broader market compliance and operational adjustments.
Learn More📈SEC Notice on Proposed Rule Change for Canary Litecoin ETF
The Securities and Exchange Commission has issued a notice regarding a proposed rule change by Nasdaq to list and trade shares of the Canary Litecoin ETF. The document outlines the timeline for approvals and the Commission’s consideration of the proposed rule, highlighting the importance of regulatory processes in financial markets.
Learn More📊SEC Grants Temporary Exemptive Relief for Rule 10c-1a Compliance
The SEC issued a temporary exemption for Rule 10c-1a, which mandates reporting on securities loans. This exemption extends compliance deadlines to enhance data accuracy and public transparency, aiming to foster a reliable securities lending market and improve investor protections while ensuring orderly implementation among industry participants.
Learn More📈SEC's Proposed Information Collection Rule 17a-3 for Broker-Dealers
The Securities and Exchange Commission announces a proposed information collection request under Rule 17a-3, setting standards for business records that broker-dealers must maintain. This ensures compliance with regulatory requirements, aiding effective examinations by the SEC and other authorities, and highlights the significant record-keeping burden on registered broker-dealers.
Learn More📈NYSE Proposes Rule Change on Annual Shareholder Meeting Exemption
The New York Stock Exchange has proposed a rule change to exempt closed-end management investment companies from the requirement to hold annual shareholder meetings. This notice, published by the Securities and Exchange Commission, allows for an extended review period for the Commission to consider the implications of this proposal thoroughly.
Learn More📈MIAX Pearl Introduces Selective Liquidity Auto Purge Feature
MIAX Pearl, LLC proposes a new Selective Liquidity Auto Purge (SLAP) feature to enhance order cancellation functionality in trading. This feature allows Members to group orders and tailor cancellations based on individual risk strategies, thereby improving trading efficacy and risk management in the market environment.
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