📊SEC Notice on Rule Change for Data Subscriber Definition
The SEC announces a proposed rule change by Investors Exchange LLC to amend the definition of “Data Subscriber” in its Market Data Fees section. This change aligns with existing agreements and policies, aiming to enhance clarity for businesses receiving IEX market data, particularly concerning controlled and uncontrolled distribution.
Learn More📄SEC Proposal for Information Collection on Rule 12d1-3 Compliance
The Securities and Exchange Commission (SEC) is seeking comments on the information collection related to Rule 12d1-3, which mandates a certification process for securities listing. The notice outlines the reporting burden and invites feedback on improving the information collection process, emphasizing the importance of practical utility and efficiency in compliance efforts.
Learn More📈Regulatory Notice on Proposed Extension of SEC Form 10 Collection
The Securities and Exchange Commission is proposing a comment request regarding the extension of information collection for Exchange Act Form 10. This form is utilized by issuers to register a class of securities, requiring comprehensive disclosures about their business and financial condition to protect investor interests and facilitate informed decision-making.
Learn More📈SEC Notice on IEX Options Trading Rules Regulatory Action
The Securities and Exchange Commission has designated a longer period to decide on a proposed rule change regarding the trading of options on the Investors Exchange LLC. This includes discussions on amendments made to the initial proposal and opportunities for public comment, indicating ongoing regulatory scrutiny and implications for the trading landscape.
Learn More🏦Amendment to National Market System Plan for 24X Exchange Participation
The SEC is notifying the addition of 24X National Exchange LLC as a Participant in the national market system plan, establishing compliance under Rule 605 of Regulation NMS. This amendment, effective immediately, follows 24X's registration as a national securities exchange and requires adherence to specific plan protocols by participating entities.
Learn More📉Cboe BZX Proposed Rule Changes for Late Limit-On-Close Orders
The Securities and Exchange Commission published a notice regarding Cboe BZX Exchange's proposed amendments to order pricing rules for Late-Limit-On-Close and Limit-On-Close orders. These changes aim to streamline the Closing Auction process and reduce volatility by allowing adjustments to order prices and altering submission times, benefitting market participants.
Learn More💵DTC Proposes Amendments to Settlement Service Guide for Wire Instructions
The Securities and Exchange Commission announces a proposed rule change by The Depository Trust Company to amend its Settlement Service Guide. This change updates the wire instruction formats for settlement payments in response to the Federal Reserve's transition to the ISO 20022 messaging standard, ensuring compliance with current industry practices.
Learn More📄SEC Announces Comment Request for Extension of Form 18-K
The SEC is soliciting comments on the proposed extension of Form 18-K, an annual report used by foreign entities with U.S. listed securities to ensure investor information adequacy. The notice outlines the estimated time required for preparation and invites input on the collection process and its utility.
Learn More📈SEC Proposes Rule Change on OCC's Margin Call Process
The Securities and Exchange Commission has announced a notice regarding the Options Clearing Corporation's proposed updates to its portfolio revaluation process aimed at enhancing management of intraday margin calls. This notice extends the review period for the proposed rule change, allowing the Commission more time to consider its implications for risk exposure management among clearing members.
Learn More📈Nasdaq ISE Proposes Rule Change for Crypto Index Options Trading
The Securities and Exchange Commission announces a longer period for reviewing Nasdaq ISE's proposed rule change to list and trade options based on the Hashdex Nasdaq Crypto Index US ETF. The extension allows ample time for consideration of the proposal, important for compliance and trading strategy in the evolving cryptocurrency market.
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