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Regulations

  • Type:Notice
    Citation:90 FR 16164
    Reading Time:about 40 minutes

    The Bureau of Indian Affairs of the Interior Department announced amendments to the Pueblo of Santa Clara Liquor Code, which were adopted by the Tribal Council on December 13, 2024. These amendments aim to regulate the introduction, sale, and consumption of alcohol within Santa Clara Indian Lands to promote economic and social goals while protecting public health, safety, and welfare. The updated Liquor Code outlines various regulations, such as types of licenses, selling hours, and prohibitions against selling alcohol to individuals under the legal drinking age. Additionally, a percentage of alcohol sales revenue will fund programs for alcoholism prevention and treatment. The changes will officially take effect on April 17, 2025.

    Simple Explanation

    The Pueblo of Santa Clara has new rules for selling and drinking alcohol so that everyone stays safe and healthy. Some people think these rules are complicated and a bit too strict, like being super careful about who can sell alcohol and needing to be 25 or older to apply for a license.

  • Type:Notice
    Citation:90 FR 16181
    Reading Time:about 41 minutes

    The Securities and Exchange Commission has announced a proposed rule change filed by NYSE Arca, Inc. This change allows the listing and trading of options on the iShares Ethereum Trust ETF and the Fidelity Ethereum Fund, which are both related to Ethereum, a cryptocurrency. The move is intended to offer investors more ways to trade and hedge against Ethereum price changes, and the options will be traded under strict guidelines to ensure market stability and investor protection. The SEC is inviting public comments on these proposed changes.

    Simple Explanation

    The Securities and Exchange Commission is letting people trade special agreements called "options" on some funds linked to a digital money called Ethereum. This change gives people more ways to make money or protect themselves when the value of Ethereum goes up or down.

  • Type:Notice
    Citation:90 FR 16188
    Reading Time:about 34 minutes

    The Securities and Exchange Commission has published a notice regarding a proposed rule change by The Depository Trust Company (DTC) related to money market instruments. DTC aims to streamline the securities eligibility process by moving the processing of money market instruments to a more modern system, updating rules, consolidating provisions, and reducing paperwork requirements. The proposed changes are meant to make the process more efficient, simplifying the requirements for participants and issuers. This proposal is designed to enhance the overall processing and settlement of securities transactions.

    Simple Explanation

    The government is telling people about a plan to make handling and trading some special money types, called money market instruments, faster and easier by using new computer technology and reducing complicated rules. This is like cleaning up your room, throwing away stuff you don't need, and getting new shelves to make finding your toys quicker and simpler.

  • Type:Notice
    Citation:90 FR 16194
    Reading Time:about 41 minutes

    MIAX Sapphire, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to allow trading options on the Grayscale Ethereum Trust, Grayscale Ethereum Mini Trust, and Bitwise Ethereum ETF. These funds, also called Ether Funds, allow investors to track ether's performance without dealing with the complexities of ether delivery. Options on Ether Funds will be physically settled and subject to specific trading rules. The rule change aims to offer investors a lower-cost tool to manage investments linked to ether and promote trading transparency.

    Simple Explanation

    The stock exchange wants to let people buy and sell special "bets" on how well a type of money called ether does without needing to actually own it. This makes it easier for people to trade and manage their money.

  • Type:Notice
    Citation:90 FR 16201
    Reading Time:about 39 minutes

    In a notice published by the Securities and Exchange Commission, the MIAX PEARL, LLC proposed a change to its rules to allow the listing and trading of options on the iShares Ethereum Trust. This change is intended to give investors a more cost-effective way to invest in Ether, a type of cryptocurrency, without directly owning it. The rule change aligns with similar approvals from other exchanges and aims to enhance the tools available to investors for managing their investment portfolios. The proposal has been filed to encourage comments from the public and does not impose significant burdens on competition or investor protection.

    Simple Explanation

    The rules are being changed so people can trade special contracts called "options" on something that's kind of like a pretend share of the pretend money called Ethereum. This helps them invest in Ethereum without actually having to own any.