📊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📈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📈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💰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💰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 Closed Meeting Notice - Sunshine Act Compliance 2025
The SEC issued a notice regarding a closed meeting under the Sunshine Act, set to discuss various legal matters including injunctions, administrative proceedings, and enforcement actions. The meeting is not open to the public, indicating the sensitivity of the topics at hand, which may include significant developments affecting business regulations and compliance.
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📈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.
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💰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.
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