📈SEC Adjusts Transaction Fee Rates to $0.00 for FY 2025
The Securities and Exchange Commission has ordered annual adjustments to transaction fee rates for fiscal year 2025. Under the adjustments, the new uniform rate will be set at $0.00 per million on covered sales, following established methodologies to ensure compliance with the Securities Exchange Act of 1934.
Learn More📄SEC Seeks Comments on Proposed Rule 204-3 for Investment Advisers
The SEC is soliciting comments on Rule 204-3, which mandates that investment advisers provide clients with brochures and updates at the start of their advisory relationship and annually thereafter. This rule aims to enhance transparency about advisers' qualifications, practices, and disciplinary history, fostering informed client decisions.
Learn More📈Cboe EDGX Proposes Rule Change for Retail Equities Membership Program
The Cboe EDGX Exchange proposes a rule change to clarify the eligibility requirements for its Retail Equities Membership Program. The amendment specifies the timing of membership application approvals and aims to ensure uniformity in the process, facilitating better alignment with current practices. The update is intended to enhance clarity for potential program participants and remove outdated criteria.
Learn More💹NYSE Proposes Rule Change to Amend Price List with New Routing Fees
The NYSE has filed a notice regarding a proposed rule change to amend its price list by adopting fees for orders routed via the Midpoint Ping strategy. The change, effective April 1, 2025, aims to enhance access to midpoint liquidity while promoting competition among exchanges.
Learn More📈Cboe BZX Exchange Proposes Rule Change for Fidelity Solana Fund
The Securities and Exchange Commission published a notice regarding Cboe BZX Exchange's proposed rule change to list and trade shares of the Fidelity Solana Fund. The proposed change aims to enhance investor access to digital asset trading through a regulated exchange while ensuring market integrity and compliance with existing regulations.
Learn More💼SEC Notice on Co-Investment for Business Development Companies
The SEC has issued a notice regarding an application from various business development companies for permission to co-invest in portfolio companies alongside affiliated investment entities. The notice outlines streamlined procedures compared to previous orders and details applicant information. The application aims to facilitate joint financial ventures and improve investment strategies in compliance with SEC regulations.
Learn More📊SEC Requests Comments on Proposed Form F-80 Information Collection
The Securities and Exchange Commission (SEC) is seeking public comments on the proposed extension of Form F-80, a registration form for certain large, publicly traded Canadian issuers. This form is designed to inform U.S. investors about material details regarding registered Canadian securities and facilitate informed voting and investment decisions.
Learn More📊Amendments to Rule 482 on Fund Advertising Disclosures
The Securities and Exchange Commission is revising Rule 482, which governs the advertising of securities by investment companies. The amendments aim to correct outdated references and align disclosure requirements for money market funds with updated regulations, ensuring investors receive balanced and accurate performance information in fund advertisements.
Learn More📊NYSE Texas Amends Fee Schedule to Boost Trading Incentives
The NYSE Texas proposes a rule change to amend its Fee Schedule, increasing Transaction Fee Credits and Clearing Submission Fee Credits to incentivize enhanced trading and clearing activities. This effort responds to the competitive market landscape and aims to attract order flow to the Exchange, promoting market participation and liquidity.
Learn More📈NYSE Proposes Fee Exemption for First Five Years of Listing
The SEC published a notice regarding NYSE's proposed amendment to reduce listing fees for issuers listing a primary class of common equity. The amendment aims to exempt new listings from additional fees during their first five years, enhancing predictability for companies' financial planning and encouraging more firms to take public equity.
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