Search Results for citation:"90 FR 10745"

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Search Results: citation:"90 FR 10745"

  • Type:Notice
    Citation:90 FR 10745
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is seeking public comments on the renewal of a rule known as Rule 17g-4, which applies to credit rating agencies. The rule requires these agencies, called Nationally Recognized Statistical Rating Organizations (NRSROs), to have policies that prevent improper sharing and use of sensitive information. Currently, there are 10 NRSROs, and they each spend about 10 hours a year maintaining these policies. Comments can be submitted until March 28, 2025, as outlined in the notice.

    Simple Explanation

    The SEC is asking people what they think about a rule that makes sure special companies that rate how good businesses are keep secrets safe and don't share them the wrong way. They need help to see if these rules are working well and if the companies are spending the right amount of time keeping them up.

  • Type:Notice
    Citation:90 FR 10745
    Reading Time:about 57 minutes

    The Securities and Exchange Commission (SEC) has announced a proposed rule change submitted by Cboe EDGX Exchange, Inc., to list and trade options on the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. These proposed ETFs, backed by Ethereum, aim to give investors a more straightforward method to invest in Ethereum without handling the cryptocurrency directly. The rule change seeks to establish guidelines on listing, trading specifications, position and exercise limits, and ensures these options meet existing trading regulations. The SEC is open to public comments on this proposal as part of its decision-making process.

    Simple Explanation

    The SEC is thinking about letting a company create special new options for trading money-like items called Ethereum without using real Ethereum. People can say what they think about this idea before it decides.