Search Results for citation:"89 FR 101673"

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Search Results: citation:"89 FR 101673"

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  • 2024-29473 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Its Rules Regarding the Types of Complex Orders Available for Flexible Exchange Options (“FLEX”) Trading at the Exchange
    Type:Notice
    Citation:89 FR 101673
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is considering a proposed rule change from Cboe Exchange, Inc. regarding new types of complex orders for FLEX trading. This rule change was initially published in the Federal Register on October 30, 2024. Typically, the SEC has 45 days to make a decision, but it has extended this period to ensure ample time for consideration. The new deadline for action on this proposed rule is January 28, 2025.

    Simple Explanation

    The SEC is taking more time to think about a new rule from Cboe Exchange, which wants to change how some special trades work. They want to make sure they understand everything fully before saying yes or no, so they will decide by the end of January next year.

  • 2024-29477 — Proposed Collection; Comment Request; Reinstatement Without Change: Reports of Evidence of Material Violations
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    Type:Notice
    Citation:89 FR 101673
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments as part of its Paperwork Reduction Act procedures on the reinstatement of a previously approved information collection, which is gathered under rules regarding professional conduct for attorneys. These rules require attorneys practicing before the SEC to report evidence of material violations by an issuer. An alternative procedure allows issuers to create a Qualified Legal Compliance Committee (QLCC) to handle such reports. The SEC estimates that 3% of issuers have or will establish a QLCC, which will result in an annual burden of 692 hours and a cost of $242,200, mainly due to involvement of outside counsel. Public comments on this collection are invited until February 14, 2025.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants people to share their thoughts about a rule where lawyers must tell if a company is breaking important rules. Companies can choose a special group to handle these reports. This rule might make things harder and more expensive for some companies, and the SEC wants ideas on how to make it better.

  • 2024-29635 — Sunshine Act Meetings
    Type:Notice
    Citation:89 FR 101673
    Reading Time:less than a minute

    The Securities and Exchange Commission (SEC) has announced an Open Meeting scheduled for December 18, 2024, at 10:00 a.m. Eastern Time. The meeting will be accessible to the public via a webcast on the SEC's website. During this meeting, the Commission will discuss whether to approve the 2025 Final Budget and Accounting Support Fee for the Public Company Accounting Oversight Board. For more information, Vanessa A. Countryman from the Office of the Secretary can be contacted.

    Simple Explanation

    The SEC is having a meeting, which anyone can watch online, to decide if they should agree to next year's spending plan for a group that checks how companies do their accounting.