📈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📈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 Notice on Jefferies Credit Management's Share Issuance Application
The SEC issued a notice regarding Jefferies Credit Management LLC's application for an exemption under the Investment Company Act to allow multiple classes of shares for certain investment companies. The notice includes filing dates, hearing notification details, and further contact information for inquiries.
Learn More📈FICC Proposes Amendments to Risk Management Framework
The SEC published a notice regarding FICC's proposed rule change to amend its Risk Management Framework. The changes aim to clarify the quarterly escalation process, annual reviews, and eliminate references to the Systemic Risk Council. Stakeholders are invited to submit comments regarding the proposed changes.
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💰CAIS Amendment Reduces Mandatory Reporting for Securities Industry
The CAIS Amendment proposes significant changes to the National Market System Plan by eliminating the requirement for reporting certain customer information, including names, addresses, and years of birth. This amendment aims to enhance data security while achieving substantial cost savings, estimated at $12 million annually, for participating organizations in the securities industry.
Learn More📈SEC Notice on Franklin Solana ETF Proposed Rule Change
The SEC published a notice regarding the proposed rule change from Cboe BZX Exchange, Inc. to list and trade shares of the Franklin Solana ETF, a commodity-based trust, allowing for investment opportunities in digital assets and addressing regulatory compliance related to cryptocurrency market dynamics.
Learn More📈SEC Notice
The SEC has issued a notice regarding the Antares Strategic Credit Fund's application for an exemption under the Investment Company Act of 1940, enabling registered investment companies to issue various classes of shares with different fee structures. Hearing requests can be submitted to the SEC's Secretary until April 8, 2025.
Learn More📈Proposed Rule Change for Options on Commodity-Based Trust Shares
The Securities and Exchange Commission is considering a proposed rule change from MIAX Pearl to allow the listing and trading of options on Commodity-Based Trust Shares. This amendment aims to enhance trading efficiency and competition among exchanges, benefiting market participants by enabling quicker hedging opportunities on these commodities.
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