📈Proposed Rule Change to Amend Short Term Options Program
The Securities and Exchange Commission published a notice regarding an amendment to the Short Term Option Series Program, allowing for the listing of up to two Monday and Wednesday expirations for qualifying individual stocks and Exchange-Traded Fund Shares. This change aims to enhance trading flexibility and investor options in the options market.
Learn More📈SEC Proposes Collection for Rule 18a-1 Compliance
The SEC is soliciting comments on proposed information collection under Rule 18a-1, which governs net capital requirements for stand-alone security-based swap dealers. The rule mandates risk management protocols and specifies documentation related to equity withdrawals and subordinated loans, aimed at ensuring sufficient liquidity and orderly liquidation in case of default.
Learn More📄OMB Review Notice for SEC Rule 12d3-1 Extension
The Securities and Exchange Commission has submitted a request for the extension of Rule 12d3-1, permitting certain exemptions for portfolio investments by funds. The rule allows funds to invest in securities issued by subadvisers under specific conditions, requiring modifications to advisory contracts. The notice includes a call for public comments on the information collection related to this rule.
Learn More📈Rule 18a-2
The SEC is soliciting comments on the proposed Rule 18a-2, which establishes capital requirements and risk management controls for nonbank major security-based swap participants. It mandates that these firms maintain positive tangible net worth and implement internal risk management systems, leading to potential significant start-up and compliance costs.
Learn More💰SEC Notice on NYSE CAT Fees for Industry Members in 2025
The SEC has published a notice regarding proposed rule changes by NYSE National to establish fees for Industry Members related to the budgeted costs of the Consolidated Audit Trail (CAT) for the period from July 1 to December 31, 2025. The notice seeks comments on these fee implementations, which will affect securities trading practices.
Learn More💵NYSE American Implements New Fee Structure for 2025
The SEC announces NYSE American's proposed rule change to implement CAT Fee 2025-2, designed to cover the budgeted costs for the operation of the Consolidated Audit Trail from July to December 2025. The new fee structure affects transactions by Industry Members through a modest rate per executed equivalent share, contributing to financial transparency within the market.
Learn More💰Nasdaq Proposes Bitcoin Trust Rule Change for In-Kind Transactions
The Securities and Exchange Commission has published a notice regarding The Nasdaq Stock Market's proposal to amend rules for the iShares Bitcoin Trust. The proposed changes involve permitting in-kind creations and redemptions for trust shares, aiming to enhance efficiency and operational flexibility in trading operations. The notice also invites comments from interested parties on these amendments.
Learn More📈Nasdaq iShares Ethereum Trust Proposed Rule Change Notice
The Securities and Exchange Commission has published a notice regarding proposed amendments to the rules of the iShares Ethereum Trust, allowing in-kind creations and redemptions. This change aims to enhance market efficiency and ensure compliance with regulatory standards. The notice invites public comments and extends the Commission’s action period for further review.
Learn More💰Nasdaq ISE Proposes CAT Fee 2025-2 for Industry Members
This regulatory notice outlines Nasdaq ISE, LLC's proposed changes to establish fees for industry members associated with the Consolidated Audit Trail, detailing budgeted costs and fee structures for the upcoming period. The implementation aims to support the operation and maintenance of the national market system.
Learn More💰NYSE Arca Proposes New CAT Fees for Industry Members
The SEC announces NYSE Arca's filing for a new rule to establish fees related to the National Market System Plan governing the Consolidated Audit Trail (CAT) for the second half of 2025. The fees aim to fund the operational costs of the CAT, affecting executing brokers based on their transaction volumes.
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