💰Cboe Exchange Bitcoin Trust Options Trading Rule Change Notice
The SEC is reviewing a proposed rule change by Cboe Exchange to allow the listing and trading of options on the VanEck Bitcoin Trust. The proposal has undergone several amendments and will be evaluated by the SEC by July 2, 2025. This extension aims to ensure adequate consideration of the regulatory implications involved.
Learn More📈Overview of the Twenty-Fourth Amendment to the NMS Plan
The Securities and Exchange Commission has announced the immediate effectiveness of the Twenty-Fourth Amendment to the National Market System Plan, reflecting NYSE Chicago, Inc.'s name change to NYSE Texas, Inc. This non-substantive amendment is part of efforts to address extraordinary market volatility and maintain operational integrity among participants. Comments from the public are invited as part of the regulatory process.
Learn More💰Cboe Proposes Changes to Market-Maker Fees and Fee Cap
The Cboe Exchange, Inc. has filed a proposed rule change to amend its fee schedule, specifically increasing fees for Market-Maker orders on the trading floor and raising the fee cap for Clearing Trading Permit Holders. This move aims to align fees with competitive market practices while addressing operational costs for market participants.
Learn More📈SEC Announces Extended Review of Osprey Bitcoin Trust Listing
The SEC has announced an extension for reviewing the proposed rule change to list and trade shares of the Osprey Bitcoin Trust, providing additional time for consideration of regulatory and market implications associated with cryptocurrency investment strategies. The decision will affect how businesses engage with commodity-based trust shares in the evolving financial landscape.
Learn More💹NYSE Arca Proposed Rule Change to List Grayscale Solana Trust
The document details the SEC's proceedings to approve or disapprove a proposed rule change by NYSE Arca for listing and trading shares of the Grayscale Solana Trust. It outlines the investment objectives of the Trust and invites public comment on the proposal, emphasizing regulatory considerations around digital assets.
Learn More💰Cboe EDGX Exchange Fee Schedule Proposed Rule Change Overview
Cboe EDGX Exchange proposes a revision to its Fee Schedule for Add/Remove Volume Tiers, which may affect market participants’ trading strategies. The changes include adjustments in volume criteria for rebates, intended to enhance market liquidity and competitiveness, reflecting the highly competitive nature of equity exchanges.
Learn More📈NYSE Texas Proposes New Rules for Auction Processes and Orders
NYSE Texas seeks to implement proposed Rule 7.35, detailing how auctions will be conducted on the Exchange. The rule introduces new order types and amendments to existing rules, aimed at enhancing trading operations and aligning with rules from its affiliate, NYSE Arca. This is part of ongoing efforts to refine market practices and facilitate competitive trading environments.
Learn More📈SEC Proposes Collection Renewal for Rule 607 Compliance
The SEC is seeking comments on the information collection process related to Rule 607, which governs sales materials for securities issued by small business investment companies and business development companies. The regulation aims to protect investors by preventing misleading sales practices, and the SEC plans to submit this collection for approval to enhance regulatory compliance and operational transparency.
Learn More📈FINRA Proposes Exemption for Business Development Companies
The SEC is reviewing a FINRA proposal to exempt certain business development companies from specific restrictions regarding public offerings and allocations. This notice extends the period for consideration of the proposal, allowing for further evaluation of feedback received during the comment period. The outcome could impact regulatory compliance for affected entities.
Learn More📈SEC Notice
The SEC issued a notice regarding an application under the Investment Company Act for an exemption allowing certain registered closed-end investment companies to issue multiple classes of shares. This includes permission for imposing asset-based distribution fees and early withdrawal charges, highlighting regulatory adjustments in the investment landscape. Interested parties may request a hearing on the application.
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