Search Results for citation:"89 FR 106644"

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Search Results: citation:"89 FR 106644"

  • Type:Notice
    Citation:89 FR 106644
    Reading Time:about 20 minutes

    The Cboe BYX Exchange, Inc. has proposed a rule change to increase the monthly fee for its 10 gigabit physical port connections from $7,500 to $8,500. This fee adjustment is intended to help the Exchange maintain and improve its technology infrastructure. The Exchange argues that the increased fee is still competitive compared to similar fees charged by other exchanges and that it has not changed this fee since 2018 despite inflation. The proposal is currently open for public comments, with a submission deadline of January 21, 2025.

    Simple Explanation

    The Cboe BYX Exchange wants to raise the cost of a special internet connection from $7,500 to $8,500 a month to help keep things running smoothly. They say this higher price is still good compared to others, but some people are worried it might make things harder and more expensive for smaller companies wanting to join in.

  • Type:Notice
    Citation:89 FR 106644
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) has received a request for an order to allow specific business development companies and investment funds to co-invest in certain companies alongside affiliated investment entities, which is otherwise typically prohibited. The application, involving multiple entities connected to Morgan Stanley, was initially filed on January 29, 2024, and later amended on August 20, 2024. If no further hearing requests are received by January 13, 2025, the SEC will likely grant the relief sought. Interested parties can request a hearing via email and must serve the applicants with a copy of this request.

    Simple Explanation

    The SEC is thinking about letting Morgan Stanley's companies team up and invest together in other businesses, something they usually aren't allowed to do. If no one says they want to talk about it by January 13, 2025, they might be allowed to go ahead.