💹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📈Nasdaq Proposes Changes to Fee Structure and Incentives
Nasdaq announces a proposed rule change aimed at amending fee structures, introducing new fee credits, and adjusting existing requirements for trading on the Exchange. These amendments are intended to encourage liquidity and enhance market quality, ultimately fostering a competitive trading environment for participants.
Learn More🤖SEC Roundtable on Artificial Intelligence in Financial Industry Announced
The SEC has announced a public roundtable focused on artificial intelligence in the financial industry, inviting participation from market participants, academics, and industry professionals to discuss its risks, benefits, and governance. The meeting will be held at the SEC headquarters and is open for public attendance and feedback.
Learn More📈SEC Notice on Barings LLC's Application for Share Class Exemption
The SEC issued a notice regarding an application by Barings LLC and Barings Private Credit Corporation for an exemption under the Investment Company Act. The application seeks permission for registered closed-end investment companies to issue multiple classes of shares with varying fees, enhancing flexibility in investment structures. Interested parties can request a hearing on the matter.
Learn More📊SEC Meeting on Sunshine Act
The Securities and Exchange Commission will hold a closed meeting on March 27, 2025, to discuss key regulatory matters, including injunctive actions and civil litigation. The meeting will outline critical issues regarding compliance, enforcement, and potential changes in regulatory priorities that may affect businesses operating within the financial sector.
Learn More📈Proposed Rule Change on Risk Management by ICE Clear Credit
The SEC published a notice regarding ICE Clear Credit LLC's proposed rule change to enhance its Risk Parameter Setting and Review Policy and Risk Management Model Description for securities and derivatives. The revisions aim to clarify risk management methodologies and improve documentation, promoting efficiency in the clearance and settlement of financial transactions.
Learn More📈Cboe BYX Exchange's Enhanced RPI Order Proposal
The Cboe BYX Exchange proposes an Enhanced Retail Price Improvement Order to enhance its Retail Price Improvement program, allowing for greater price improvement for retail investors and expanding the program to include securities priced below $1.00. This aims to attract more retail orders and improve execution pricing.
Learn More💹NYSE Proposes FLEX Options Trading for Grayscale Bitcoin Trust
The SEC is considering a proposed rule change by NYSE American LLC to allow the trading of FLEX options on the Grayscale Bitcoin Trust (GBTC). This move aims to enhance liquidity and provide better risk management options for investors, while ensuring robust surveillance to protect market integrity against manipulation.
Learn More📈Proposed Rule Change for FLEX Options on Bitcoin ETFs
The SEC has initiated proceedings to review a proposed rule change allowing Nasdaq Phlx to offer FLEX options on shares of the iShares Bitcoin Trust ETF. This change aims to enhance trading flexibility and risk management for market participants, incorporating specific position limits to prevent market manipulation and protect investors.
Learn More📈Proposed Amendment to Position and Exercise Limits for Bitcoin Options
The Securities and Exchange Commission is considering proposed amendments to position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT). The exchange aims to increase position limits from 25,000 to 250,000 contracts to align with market demand, enhance liquidity, and improve market competitiveness for options on this ETF.
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