💼Proposal for LCH SA Fee Grid Change Affecting CDS Dealers
The Securities and Exchange Commission published a notice regarding LCH SA's proposed amendments to its CDSClear Fee Grid, which includes the introduction of new fees applicable to CDS Dealers and the removal of outdated service references. The changes aim to enhance service offerings and compliance with regulatory standards.
Learn More📄SEC Invites Comments on Form 1-SA Collection for Tier 2 Issuers
The Securities and Exchange Commission (SEC) is seeking feedback on the proposed information collection for Form 1-SA, which requires Tier 2 issuers to submit semiannual reports. The aim is to improve public information about companies conducting Tier 2 offerings under Regulation A and assess the associated burden on issuers.
Learn More📊Proposed Amendment to DTC Disruption Rules
The Securities and Exchange Commission has received a filing from The Depository Trust Company proposing amendments to its Disruption Rules. These modifications aim to clarify definitions, simplify reporting requirements, and address third-party cybersecurity concerns, enhancing operational resilience for entities connected to DTC Systems. The changes are expected to improve response actions for operational disruptions and safeguard securities transactions.
Learn More📈Amendments to GEMX Pricing Schedule
The SEC has announced a notice regarding a proposed rule change by Nasdaq GEMX to amend its Pricing Schedule. Key amendments involve adjustments to Taker Fees and Qualifying Tier Thresholds, affecting fees for Market Makers and other participants, aimed at encouraging liquidity and competitive pricing for trading on GEMX.
Learn More📈Cboe BZX Exchange Proposes Rule Change on Timestamp Granularity
The Cboe BZX Exchange proposes to amend its compliance rule to align with the SEC's 2025 Timestamp Granularity Exemption, extending the exemption period for specific timestamp reporting requirements from April 8, 2025, to April 8, 2030. This change is designed to assist Industry Members in regulatory compliance regarding the Consolidated Audit Trail.
Learn More📈SEC Rule 237
The SEC has submitted a request for extension and approval concerning Rule 237, which allows Canadian-U.S. Participants to manage investments in Canadian retirement accounts without U.S. registration. The rule facilitates the offering and sale of foreign securities, requiring specific disclosures in offering documents to inform investors of the exemption from U.S. securities laws.
Learn More📈SEC Notice on Proposed Rule Change for BondBloxx Shares
The SEC has designated a longer period for evaluating the proposed rule change by Cboe BZX Exchange, Inc. to list and trade shares of the BondBloxx Private Credit Trust. The decision is part of ongoing regulatory proceedings that are crucial for stakeholders in the financial and securities markets.
Learn More⏲️Cboe BYX Exchange Proposes Amendment on Timestamp Compliance
Cboe BYX Exchange has filed a proposed rule change to extend the timestamp granularity exemption under the CAT NMS Plan. The amendment updates compliance rules to allow the truncation of timestamps, instead of rounding them, for submissions until April 8, 2030, impacting regulatory obligations for trading firms.
Learn More💰FICC's Proposed Intraday Mark-to-Market Charge
The SEC is reviewing the FICC's proposed rule change to implement an Intraday Mark-to-Market Charge, aimed at managing risk linked to fluctuating market conditions. This charge will affect margin calculations for its members and outlines specific thresholds under which it applies, prompting a new approach to credit exposure management and alert communications via public notices.
Learn More🪙Proposed Rule Change for Sprott Physical Copper Trust Trading
The SEC has announced a proposed rule change allowing NYSE Arca to list and trade shares of the Sprott Physical Copper Trust. This trust aims to invest primarily in physical copper, providing investors with a regulated investment option in the copper market. The initiative will enhance trading opportunities and may influence copper prices in broader markets.
Learn More