📈SEC Proceedings on VanEck Solana Trust Trading Proposal
The SEC is considering a proposed rule change for the Cboe BZX Exchange to list and trade shares of the VanEck Solana Trust, which aims to reflect the performance of the cryptocurrency SOL. The proposal has raised questions regarding its compliance with regulatory standards and invites public comments for further analysis.
Learn More📈SEC Review of Cboe BZX's Canary Solana Trust Proposal
The SEC is considering a proposed rule change allowing Cboe BZX Exchange to list and trade shares of the Canary Solana Trust, which aims to track the performance of the digital asset SOL. This regulatory review addresses legal and policy issues, seeking public comment on the initiative's alignment with investor protection standards.
Learn More📈SEC Proposal
The SEC announces the Fifty-Third Amendment to the UTP Plan, updating the name of NYSE Chicago, Inc. to NYSE Texas, Inc., and making minor adjustments to the names and addresses of other exchanges. The amendment is classified as a “Ministerial Amendment,” allowing for immediate filing and effectiveness without extensive changes to regulations or competition.
Learn More📈NYSE Texas Proposes Enhanced Integrated Feed for Market Data
The NYSE Texas has filed a proposed rule change to enhance the Integrated Feed market data product by incorporating Auction Imbalance Information. This enhancement aims to provide real-time data that will assist market participants in making more informed trading decisions, ultimately promoting a more robust and competitive trading environment.
Learn More📈NYSE Texas Enhances Aggregated Lite Market Data Product
The SEC has published a notice regarding NYSE Texas's proposed enhancements to its Aggregated Lite market data product, including the addition of Auction Imbalance Information. This change aims to improve the quality and depth of market data available to traders and enhance transparency within the market, ultimately fostering a more competitive trading environment.
Learn More💰Cboe EDGX Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGX Exchange has filed a proposed rule change with the SEC to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This adjustment follows a prolonged period of static fees and aims to ensure continued investment in technology and services, while remaining competitive relative to other exchanges. This change is currently open for public comment.
Learn More📈NYSE Texas Proposes New Order Imbalances Market Data Product
The NYSE Texas intends to introduce the Order Imbalances proprietary market data product, providing real-time order imbalance data prior to trading auctions. This new initiative aims to enhance market transparency and competition while facilitating better access to vital information for market participants.
Learn More📈Cboe EDGA Proposes Fee Increase for 10 Gb Physical Ports
The Cboe EDGA Exchange has filed a proposed rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The Exchange justifies this increase as necessary to maintain and enhance its market technology and services, aligning its fees with industry standards, and addressing inflationary impacts on operational costs.
Learn More📊SEC Proposed Collection for Broker-Dealers under Rule 17a-25
The SEC has proposed a collection of information pursuant to Rule 17a-25, requiring broker-dealers to submit electronic securities transaction data in standardized formats. Comments are invited regarding the necessity and effectiveness of this collection for regulatory functions. The notice includes details on annual requests and time estimates for compliance.
Learn More💼SEC Rule 6h-1 Compliance and Business Implications
The notice from the SEC outlines a request for approval to extend the information collection under Rule 6h-1, establishing necessary standards for trading security futures products. It emphasizes requirements to prevent price manipulation and coordinate trading halts between markets, thus ensuring fair trading practices. Compliance costs and procedures for comment submissions are also detailed.
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