📊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💹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📈NYSE Proposes Amendments to Enhance Retail Order Routing
The Securities and Exchange Commission has published a notice regarding NYSE National, Inc.'s proposed amendments to Rules 7.37 and 7.44. These changes introduce an optional retail routing strategy aimed at improving order execution and liquidity, providing additional opportunities for price improvement in the retail trading sector.
Learn More📄SEC Notice on Form 11-K Extension and Business Implications
The Securities and Exchange Commission has submitted a request for an extension of Form 11-K, which is required for employee stock purchase and savings plans. The form provides necessary financial information for employees, and its reporting requirements are essential for issuers under the Securities Act. The notice also outlines the burden hours and costs associated with the form submissions.
Learn More📈SEC Notice on Extension of Form 40-F for Canadian Issuers
The Securities and Exchange Commission announces an extension request for Form 40-F under the Paperwork Reduction Act. This form is essential for Canadian companies registering securities or filing annual reports, as it helps investors make informed decisions regarding investments in these issuers. The public can comment on this information collection request within 30 days.
Learn More📈SEC Considers Proposed Rule Change for BondBloxx Trust Shares
The SEC is reviewing a proposed rule change to list and trade BondBloxx Private Credit Trust shares, which aims to provide risk-adjusted returns through a diversified portfolio of consumer and small business credit assets. The assessment includes evaluating the trust's liquidity strategy and potential market manipulation risks, inviting public comment for further deliberation.
Learn More💰Nasdaq ISE Proposes New Fees for FLEX Options Trading
The Nasdaq ISE filed a notice with the SEC regarding a proposed rule change to establish fees for FLEX options. The proposal, effective upon filing, is set to be operational on April 7, 2025, and the SEC invites comments from interested parties regarding the implications of this change.
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.
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📈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.
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