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Regulations

  • Type:Notice
    Citation:90 FR 14256
    Reading Time:about 2 minutes

    The Federal Election Commission has announced the dates for special elections in Arizona's 7th Congressional District to fill the seat previously held by the late Representative RaΓΊl Grijalva. The special primary election is set for July 15, 2025, and the special general election will follow on September 23, 2025. Various reports are required to be filed by committees participating in the elections, including 12-day Pre-Primary, 12-day Pre-General, and 30-Day Post-General reports. Additional information about reporting requirements and deadlines can be found on the FEC's website.

    Simple Explanation

    Arizona is having special elections to choose a new person to take over a job in the government because RaΓΊl Grijalva, who had that job, passed away. The first election is on July 15, 2025, and the next one is on September 23, 2025.

  • Type:Notice
    Citation:90 FR 14278
    Reading Time:about 23 minutes

    The Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to raise the monthly fee for 10 Gb physical ports from $7,500 to $8,500. This increase is intended to help maintain and improve market technology and services. The Exchange argues that the price adjustment is in line with competitors and justified by inflation since the last fee change in 2018. The SEC is soliciting comments from the public on this proposed rule change.

    Simple Explanation

    The Cboe EDGX Exchange wants to charge more money each month for using certain high-speed internet connections, going from $7,500 to $8,500, because things have gotten more expensive since 2018 and this will help them keep their technology strong. They want people to tell them what they think about this idea.

  • Type:Notice
    Citation:90 FR 14284
    Reading Time:about 20 minutes

    The Securities and Exchange Commission is considering a proposed rule change submitted by the Financial Industry Regulatory Authority, Inc. (FINRA). This change aims to exempt certain business development companies (BDCs) from existing restrictions on buying and selling initial public offerings (IPOs). Specifically, non-traded BDCs will be allowed to purchase new IPOs more easily, just like publicly traded BDCs and other investment companies. This move is designed to give these non-traded BDCs and their investors better access to diverse investment opportunities, potentially improving their portfolio balance and investments in new stock issues.

    Simple Explanation

    Imagine there are rules about who can buy shiny new toys when they first come out. The people who make the rules want to let certain groups that usually can't buy these toys when they're new get a chance to buy them, hoping they can have more fun and new toys to play with.

  • Type:Notice
    Citation:90 FR 14288
    Reading Time:about 12 minutes

    Cboe Exchange, Inc. proposes to increase fees for its Legacy Silexx platform versions due to ongoing maintenance as they transition users to newer platform versions. The fee changes involve higher monthly rates for different platform versions; for example, the fee for the Basic version will increase from $500 to $625 per login. These platforms are optional tools for executing trades, and users can switch to other products if they find them more cost-effective. The Securities and Exchange Commission is accepting public comments on this proposal.

    Simple Explanation

    Cboe Exchange wants to raise the price for using their older computer program to make trades because they are working on moving everyone to a newer version. People can choose to keep using the old version or find another program if they think it's too expensive.

  • Type:Notice
    Citation:90 FR 14293
    Reading Time:about 23 minutes

    Cboe BZX Exchange, Inc. has proposed a rule change to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. These ports are used by members and non-members to connect to the exchange. The increase is intended to help maintain and improve market technology and services, as well as keep fees in line with or lower than similar charges by other exchanges. The notice invites public comments and explains the rationale behind the fee change, such as inflation impacts and investments in technology improvements.

    Simple Explanation

    Cboe BZX Exchange wants to raise the monthly fee from $7,500 to $8,500 for the special internet connections used by people and companies to talk to the stock exchange, because they need more money to keep the technology working well and to make it better at handling trades. Some people are worried that they haven't explained clearly why they need to charge more or how it might be harder for smaller businesses to pay.