Notice 28 Feb 2025 broker-dealers, financial services, securities, foreign investments, regulation, compliance

📈SEC's Rule 15a-6

The SEC has submitted a request for the extension of Rule 15a-6, which outlines the conditions under which foreign broker-dealers can operate in the U.S. market. This rule provides necessary exemptions for foreign entities engaging with U.S. institutional investors while imposing specific compliance reporting requirements on U.S. registered broker-dealers.

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Notice 28 Feb 2025 securities, regulation, trading, cboe, bzx, market data, compliance, fee waiver

📈Cboe BZX Exchange Proposes Fee Waiver for Market Data Distributors

The SEC has published a notice regarding the Cboe BZX Exchange's proposed rule change to amend its Fee Schedule, specifically to introduce a new fee waiver for uncontrolled external distributors. This change aims to adjust market data costs and enhance accessibility for various users, with comments invited from interested parties.

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Notice 28 Feb 2025 fee schedule, finance, securities, cboe, market data, regulatory change

📊Cboe BYX Proposes Fee Waiver for Uncontrolled External Distributors

The Securities and Exchange Commission announces a proposed rule change by Cboe BYX Exchange to amend its Fee Schedule, specifically introducing a fee waiver for Uncontrolled External Distributors. This regulatory filing aims to enhance market data accessibility while allowing the public to submit comments and feedback regarding the implications of this change.

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Notice 28 Feb 2025 broker-dealers, securities, money market funds, compliance, regulations

📈Conditional Exemption Order Impacting Broker-Dealers and Money Market Funds

The SEC issued a notice regarding a conditional exemption from certain transaction confirmation requirements under the Securities Exchange Act for money market funds. This exemption allows broker-dealers to provide monthly reports to investors instead of immediate confirmations, impacting operational compliance and reporting efficiency.

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Notice 28 Feb 2025 securities, regulation, reporting, national exchanges, compliance, sec

📈SEC Requests OMB Review on Rule 6a-3 Compliance Requirements

The Securities and Exchange Commission issued a notice regarding the extension of Rule 6a-3 under the Securities Exchange Act. This rule mandates national securities exchanges to report essential data and communications aimed at ensuring compliance and oversight. The notice invites public comments on the information collection process and emphasizes its necessity for effective regulatory functions.

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Notice 28 Feb 2025 securities, securities depositories, investment companies, financial sector, compliance, regulatory

💼Rule 17f-4

The SEC issues a notice regarding the extension of Rule 17f-4, which governs the use of securities depositories by registered management investment companies. This rule outlines the conditions and reporting responsibilities associated with custodial arrangements, ensuring internal controls and financial reporting standards are met by custodians and funds dealing with securities depositories.

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Notice 28 Feb 2025 securities, nasdaq, financial markets, regulatory compliance, bitcoin

📈Nasdaq Proposes Rule Change for Valkyrie Bitcoin Fund

The Securities and Exchange Commission has received a notice from Nasdaq regarding a proposed rule change for the Valkyrie Bitcoin Fund. The changes involve amendments to key operational aspects, including service providers and custodians, while ensuring compliance with existing listing requirements. The rule has been designated for immediate effectiveness, enabling quicker updates to the Trust's operations.

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Notice 28 Feb 2025 financial reporting, securities, transfer agents, regulatory compliance, sec

📄SEC Rule 17Ad-11 Extension

The Securities and Exchange Commission announces the submission for OMB review focusing on Rule 17Ad-11, outlining the obligations for registered transfer agents regarding reporting discrepancies in securities records and maintaining compliance. This notice emphasizes the need for accurate reporting practices to enhance the oversight of transfer agents in the securities market.

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Notice 27 Feb 2025 financial regulation, options, trading, nyse, securities, compliance

💰NYSE Arca Proposes Changes to Options Fee Schedule

The Securities and Exchange Commission announces a proposed rule change by NYSE Arca, Inc. to modify its Options Fee Schedule. This includes adjustments to customer incentive programs, aiming to enhance participation in options trading by lowering qualification thresholds. Interested parties may submit comments regarding the proposed changes.

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Notice 26 Feb 2025 market makers, exchange regulations, cboe, securities, trading

📈SEC Notice on Changes to Cboe BZX Exchange Fee Schedule

Cboe BZX Exchange has filed a notice to amend its fee schedule, proposing to make continuous book executions during the Opening and Closing Auctions free for Lead Market Makers. This change is part of efforts to enhance trading efficiency and competitiveness within the exchange. The public is invited to comment on this proposed rule change.

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