📈NYSE American Proposes Rule Change on Cash Sales and Shareholder Approval
The NYSE American LLC has proposed a rule change to amend Section 713 of its Company Guide. The change aims to redefine the pricing test for cash sales of securities that qualify for exemption from shareholder approval, clarifying that only cash sales at or above a newly defined minimum price will meet this exemption criteria.
Learn More📜Technical Amendments to SEC Rules
The Securities and Exchange Commission ("Commission") is adopting technical amendments to various rules and forms under the Securities Act of 1933 and the Securities Exchange Act of 1934. These amendments correct errors that are technical in nature, including typographical errors and erroneous cross-references in various Commission rules and forms.
Learn More📈SEC Reviews NYSE Arca's Proposed Selective Midpoint Order Change
The Securities and Exchange Commission issued a notice regarding NYSE Arca's proposed rule change to amend its trading practices with the introduction of the Selective Midpoint Order. This change, currently under review, aims to enhance trading efficiency and market structure, and public comments are being collected for consideration.
Learn More📈SEC Extends Review Period for BondBloxx Private Credit Trust Rule Change
The SEC announced a longer review period for the proposed rule change by Cboe BZX Exchange to facilitate the listing and trading of the BondBloxx Private Credit Trust. This extension allows the Commission additional time to assess the implications of the proposed investment product on the market.
Learn More💹SEC Extends Review Period for Grayscale Bitcoin Trust FLEX Options
The SEC has designated a longer review period for a proposed rule change that would allow FLEX options on shares of the Grayscale Bitcoin Trust. Originally filed by NYSE American LLC, the extension aims to give the Commission sufficient time to evaluate the implications of this potential addition to the trading landscape.
Learn More📈SEC Notice on Proposed Ethereum Options Trading Rule Change
The SEC has issued a notice regarding a proposed rule change by NYSE American LLC to permit the listing and trading of options on the Bitwise Ethereum ETF and Grayscale Ethereum Trust products. Following public comments and an amendment to narrow the scope, the Commission is set to decide on its approval or disapproval.
Learn More📈SEC Notice on Exemption for Venerable Investment Advisers
The Securities and Exchange Commission issued a notice regarding an application from Venerable Variable Insurance Trust and Venerable Investment Advisers, LLC. The application seeks exemption from specific regulations which would facilitate the amendment of subadvisory agreements without needing shareholder approval, thus reducing compliance burdens for the firm.
Learn More⚖️MIAX Sapphire Proposes New Fines for Minor Regulatory Violations
MIAX Sapphire is seeking to implement amendments to Exchange Rule 1014 concerning the imposition of fines for minor rule violations on its Trading Floor. The proposed changes underscore the need for compliance with updated trading conduct rules while promoting orderly market operations within the exchange framework.
Learn More📈SEC Notice on Grayscale Solana Trust Rule Change
The SEC has published a notice regarding a proposed rule change by NYSE Arca to list and trade shares of the Grayscale Solana Trust as commodity-based trust shares. This move aims to establish a regulated trading framework for cryptocurrency investments, presenting new opportunities for market participation among investors.
Learn More📈SEC Notice on Exemption for Investment Companies
The SEC issued a notice regarding an application from SEG Partners Long/Short Equity Fund and Select Equity Group, L.P. for exemptions that would permit registered investment companies to issue multiple classes of shares and impose specific fees. Interested parties can request a hearing or notify the SEC of their interest in the application.
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