📊DOL Seeks Comments on Prohibited Transaction Class Exemption
The Department of Labor (DOL) is submitting this Employee Benefits Security Administration (EBSA)-sponsored information collection request (ICR) to the Office of Management and Budget (OMB) for review and approval in accordance with the Paperwork Reduction Act of 1995 (PRA). Public comments on the ICR are invited.
Learn More📈Proposed Rule Change on Participant System Disruption by FICC
The Securities and Exchange Commission has published a notice regarding proposed amendments to the Fixed Income Clearing Corporation's Disruption Rules. These changes aim to streamline procedures for managing significant system disruptions affecting DTCC Systems Participants, enhancing compliance mechanisms and operational risk management within the financial services industry.
Learn More📈SEC Proposed Rules on Crowdfunding for Intermediaries
The SEC is soliciting comments on proposed information collection rules for intermediaries under Regulation Crowdfunding. The rules detail compliance requirements for intermediaries to facilitate securities offerings, including registration, investor interactions, and disclosure obligations, emphasizing the need for operational transparency and accountability in crowdfunding activities.
Learn More💰Cboe BYX Exchange Proposed Increase in Physical Port Fees
Cboe BYX Exchange has proposed an increase in monthly fees for 10 Gb physical ports from $7,500 to $8,500. This fee adjustment aims to account for inflation and recent operational improvements, aligning the costs with enhanced service quality and competitive offerings in the market. The change is designed to support ongoing investments in technology and infrastructure.
Learn More📃Federal Reserve Notice on Exempted Transfer Agent Status
The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, without revision the Notice Claiming Status as an Exempted Transfer Agent (FR 4013; OMB No. 7100-0137).
Learn More⚖️Proposed Disruption Rule Change by NSCC and SEC
The SEC has published a notice regarding the NSCC's proposed rule change to update the Disruption Rules, focusing on system interruptions. Key changes include refined definitions, enhanced notification requirements, and provisions for reconnection of disrupted systems, aiming to improve operational resilience and risk management across associated clearing agencies and participants.
Learn More⚖️Proposed Regulatory Changes for DTC Participant System Disruptions
The document posted by the SEC details proposed amendments to the Disruption Rules of the Depository Trust Company, focusing on enhancing protocols for managing system disruptions. Key changes include updated definitions, notification requirements, and governance structures for addressing Major System Events, aimed at improving operational resilience and compliance among market participants.
Learn More💵Cboe Increases Monthly Fee for 10 Gb Physical Ports
The Securities and Exchange Commission has published a notice from Cboe EDGX Exchange regarding a proposed rule change to increase monthly fees for 10 Gb physical ports. This adjustment is intended to help maintain and improve market technology and services, reflecting the Exchange's investments and the impact of inflation on operational costs.
Learn More⏰Cboe BZX Extends Early Trading Session Hours to Enhance Liquidity
The Cboe BZX Exchange has proposed a rule change to extend its Early Trading Session hours from 7
Learn More💹Proposed Rule Change for 21Shares Polkadot Trust Listing
The Securities and Exchange Commission is reviewing a proposed rule change from Nasdaq to list and trade shares of the 21Shares Polkadot Trust under Nasdaq Rule 5711(d). This proposal outlines the structure and function of the Trust, detailing its investment objectives and the mechanisms for trading and valuation of the shares in the evolving cryptocurrency market.
Learn More