💰SEC Considers Rule Change for Fidelity Ethereum Fund Staking
The SEC is evaluating a proposed rule change from Cboe BZX Exchange to permit the staking of ether within the Fidelity Ethereum Fund. This assessment involves legal and policy considerations, with an emphasis on the protection of investors and the integrity of the market. The public is invited to submit comments on the proposal by July 11, 2025.
Learn More📈Amendment to National Market System Plan Approved by SEC
The SEC has approved an amendment to the National Market System Plan governing the Consolidated Audit Trail, modifying existing requirements for reporting verbal and electronic trading activities. This amendment aims to alleviate compliance burdens on firms while striving to maintain effective regulatory oversight in the financial markets. The changes are expected to reshape operational practices for industry participants significantly.
Learn More💰Cboe BZX Proposes Rule Change for Bitcoin and Ethereum ETFs
The Securities and Exchange Commission is reviewing Cboe BZX's proposed rule change to amend trading regulations for the Invesco Galaxy Bitcoin and Ethereum ETFs. The amendment seeks to permit in-kind creations and redemptions for these commodity-based trust shares, which could impact listing rules and market operations. The Commission encourages public feedback on this proposal.
Learn More📈SEC Extends Review Period for VanEck Avalanche ETF Proposal
The Securities and Exchange Commission has extended the review period for a proposed rule change regarding the listing and trading of VanEck Avalanche ETF on the Nasdaq Stock Market. This decision allows additional time to consider the implications of the proposal and any associated regulatory issues.
Learn More📈FINRA Modifies Implementation Schedule of Securities Fees
The SEC published a notice regarding FINRA's proposed rule change to modify the implementation schedule for fees associated with filing documents under the securities offering rules. This adjustment aims to provide member firms and issuers additional time for budgeting and operational changes related to new fees for private placements and public offering reviews.
Learn More📈MEMX Proposal for Trading Options on Ethereum Funds
The SEC has approved MEMX LLC's proposal to allow the listing and trading of options on the Fidelity Ethereum Fund, Grayscale Ethereum Trust ETFs, and Bitwise Ethereum ETF. This change aims to enhance market efficiency and offer investors cost-effective options to gain exposure to Ethereum, facilitating broader investment strategies.
Learn More📈SEC Notice for Co-Investment Application by Trinity Capital Inc.
The SEC has published a notice regarding an application from Trinity Capital Inc. and affiliates for permission to engage in joint transactions otherwise prohibited under the Investment Company Act. The notice invites stakeholder feedback and includes essential contact information and procedural details for hearings.
Learn More🪙SEC Reviews Proposed Rule for Bitwise Dogecoin ETF Listing
The Securities and Exchange Commission is considering a proposed rule change from NYSE Arca to list and trade shares of the Bitwise Dogecoin ETF. This fund aims to provide exposure to Dogecoin, with discussions open for public comment on its regulatory implications and business alignment.
Learn More📈Proposed Amendments to Rule 605 of Regulation NMS and Business Impact
The Securities and Exchange Commission announces proposed amendments to the National Market System Plan under Rule 605 of Regulation NMS, aiming to modernize execution quality reporting. These changes will include expanded reporting for multiple entities, updated data fields, and the introduction of new summary reports to enhance market transparency and compliance.
Learn More💰LCH SA's Revised Collateral Concentration Limits Approved
The Securities and Exchange Commission has approved LCH SA's proposed rule change regarding collateral concentration limits for supranational and European agency securities. The change allows for individual limits per issuer, enhancing flexibility for clearing members while simultaneously implementing more conservative concentration guidelines per security type to mitigate risk exposure.
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