📈Notice of Withdrawal of Proposed Options Regulatory Fee Waiver
The SEC issued a notice regarding the withdrawal of a proposed rule change by NYSE American, LLC, which aimed to waive the Options Regulatory Fee for December 2024. The proposal was temporarily suspended for review but ultimately was withdrawn shortly after its introduction. This development is crucial for stakeholders in the securities trading sector, impacting operational costs and regulatory compliance.
Learn More📈Nasdaq's Rule Change Enhances Services for Eligible Switches
The Securities and Exchange Commission approved Nasdaq's proposed rule change to enhance its package of complimentary services for companies switching their listings, expanding the eligibility criteria beyond the New York Stock Exchange. This initiative aims to streamline services and bolster competition among national securities exchanges, ensuring companies receive valuable tools during their transition.
Learn More🪙SEC Notice on Listing of Canary Litecoin ETF Shares
This document outlines the SEC's notice regarding the proposed rule change to list and trade shares of the Canary Litecoin ETF by The Nasdaq Stock Market LLC. It specifies regulatory compliance measures, the Trust's operational framework, and the surveillance mechanisms to monitor trading activities, ensuring transparency and fraud prevention.
Learn More📈Compliance Update
The Securities and Exchange Commission announces the accelerated approval of rules for trading complex FLEX orders that include both FLEX and non-FLEX components. This regulatory change enhances trading flexibility, allowing investors to execute more customized strategies efficiently, while continuing to ensure the protection of market participants and maintaining fair trading practices.
Learn More💼Nasdaq PHLX Proposes New FIX Drop Port and Associated Fees
The Nasdaq PHLX LLC has filed a proposed rule change to adopt a new FIX Drop Port similar to those on other Nasdaq platforms, alongside related fees. The change is designated for immediate effectiveness and invites public comments to assess its consistency with the Securities Exchange Act. Stakeholders are encouraged to review and engage with the proposed changes, which may affect trading strategies.
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