🤝SEC Notice on Co-Investment Order for Nuveen Churchill Corp
The SEC issued a notice regarding an application from Nuveen Churchill Direct Lending Corp. and related companies for an order permitting co-investment in portfolio companies. The application aims to allow specific business development companies and closed-end investment firms to collaborate, potentially leading to broader investment strategies and enhanced financial growth opportunities.
Learn More💰New CAT Fee 2025-2 Affecting Industry Member Costs
The Securities and Exchange Commission has announced the proposed CAT Fee 2025-2, scheduled for implementation from July to December 2025. This fee, charged per executed equivalent share, is designed to help cover budgeted costs associated with the Consolidated Audit Trail's operation, affecting businesses engaged in equity trading.
Learn More💰SEC Proposed CAT Fees 2025-2 Impact on Industry Members
The SEC has published a notice regarding the proposed CAT Fee 2025-2, which aims to establish fees to cover costs for the National Market System plan governing the Consolidated Audit Trail. This fee implementation will require compliance from Industry Members within the securities sector for effective operation and cost recovery.
Learn More⚖️Nasdaq PHLX Proposes Amendment to Port Fee Pricing Structure
The Nasdaq PHLX is proposing a rule change that exempts Port Fees for pre-production ports acquired in anticipation of a technology migration. This initiative aims to facilitate member testing and participation as the Exchange transitions to a new technology platform planned for November 2025. The amendment seeks to enhance operational efficiency during the migration phase.
Learn More📄SEC Notice on DTC Settlement Service Guide Amendments
The SEC published a notice regarding the proposed rule change by The Depository Trust Company (DTC), which aims to amend its Settlement Service Guide. The changes involve technical adjustments to the Memo Segregation function and updates to DTC's mailing address, promoting accurate information and compliance for participants engaged in securities transactions.
Learn More💰Nasdaq PHLX Proposes QCC Rebate Amendments for Options Trading
Nasdaq PHLX LLC has filed a proposed rule change to amend its QCC rebate structure, aiming to incentivize higher trading volumes among market participants. The amendment seeks to increase the rebate from $0.27 to $0.30 per contract under specific conditions, promoting greater transaction activity on the Exchange.
Learn More💹Cboe BZX Exchange Proposed Rule Change for Fidelity Solana Fund
The SEC is reviewing a proposed rule change by Cboe BZX Exchange to list and trade shares of the Fidelity Solana Fund. The Trust aims to track the performance of the digital asset Solana, involving potential new investment opportunities and regulatory considerations for interested parties.
Learn More📈SEC Notice on Wedbush Fund Exemption Application Analysis
The SEC issued a notice regarding an application from Wedbush Series Trust and Wedbush Fund Advisers, LLC for exemptions under the Investment Company Act of 1940. This would allow them to amend subadvisory agreements without needing shareholder approval and reduce specific disclosure requirements related to fees, subject to potential hearings.
Learn More💰Proposed CAT Fee Change and Its Impact on Industry Members
The Securities and Exchange Commission announces a proposed rule change by MIAX Sapphire to amend fees for industry members linked to the National Market System Plan Governing the Consolidated Audit Trail. These changes affect the financial landscape for market participants through new cost assessments aimed at budgeted audit trail expenses from July to December 2025.
Learn More📉Nasdaq Proposes Reduction in Options Regulatory Fees
The Nasdaq Stock Market LLC announced a proposed rule change to lower the Options Regulatory Fee (ORF) from $0.0014 to $0.0005 per contract side, effective August 1, 2025. This decision aims to align regulatory revenue with the Exchange's estimated Options Regulatory Costs, ensuring fair charges for Participants and maintaining compliance standards.
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