📈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📈SEC Notice on Options Trading for Commodity-Based Trust Shares
The Miami International Securities Exchange proposed an amendment to its rule allowing options to be listed and traded on Commodity-Based Trust Shares. This change aims to enhance market competition, streamline approval processes for new options, and facilitate greater trading activity, promoting investment opportunities. Interested parties are invited to comment on this proposal.
Learn More📈Cboe Proposes Rule Change for Options on Commodity-Based Trust Shares
The Securities and Exchange Commission has published a notice regarding a proposed rule change by Cboe Exchange, Inc. to amend Rule 4.3, permitting the listing of options on Commodity-Based Trust Shares. This amendment aims to enhance market competition and provide investors with more efficient trading and hedging options in a transparent environment.
Learn More📈MIAX Sapphire Proposes New Fee Categories for Market Data Feeds
MIAX Sapphire, LLC has filed a proposed rule change with the SEC to amend the fee schedule by introducing new fee categories for proprietary market data feeds, including MIAX Sapphire Top of Market and MIAX Sapphire Liquidity Feed, which are designed to enhance trading functionality. The proposal is open for public comment.
Learn More📈Proposed Rule Change for Selective Midpoint Order by NYSE Arca
The Securities and Exchange Commission is reviewing a proposed rule change by NYSE Arca to implement the Selective Midpoint Order (SeMi), which will replace the Discretionary Pegged Order. This new order type aims to enhance market liquidity and prevent trades during unstable conditions, utilizing a machine learning model for market stability predictions.
Learn More📈Proposed Rule Change to NSCC's Risk Management Framework
The notice from the Securities and Exchange Commission announces the proposed rule change by the National Securities Clearing Corporation to amend its Risk Management Framework. This includes updates on the quarterly and annual review processes, clarification measures, and the removal of specific references, aimed at enhancing clarity within its operational guidelines.
Learn More📊SEC Proposal to Amend Clearing Agency Risk Management Framework
The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company to amend its Clearing Agency Risk Management Framework. The amendments aim to clarify processes surrounding risk management and improve overall operational efficiency. Stakeholders are invited to submit comments on the proposed changes.
Learn More📈SEC Notice on Columbia Credit Opportunities Fund Exemptions
The notice from the Securities and Exchange Commission pertains to an application for exemptions under the Investment Company Act, allowing the Columbia Credit Income Opportunities Fund to issue multiple classes of shares and implement service fees and early withdrawal charges. Interested parties may request a hearing on the matter.
Learn More📄SEC Notice on Information Collection for Rule 0-4 Compliance
The SEC is proposing an extension for Rule 0-4 under the Advisers Act, which prescribes application requirements for exemptive relief. The notice solicits comments on the information collection process, allowing stakeholders to provide input on its necessity, utility, and burden on applicants.
Learn More📊MIAX Fee Schedule Changes Proposal and Business Impact
The Miami International Securities Exchange, LLC proposed a rule change to amend its Fee Schedule, introducing new fee categories for its proprietary market data feeds, including the Top of Market and MIAX Order Feed. This change aims for immediate effectiveness and invites public comments, allowing stakeholders to engage in the regulatory process.
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