Search Results for citation:"90 FR 2048"

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Search Results: citation:"90 FR 2048"

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  • 2025-00249 — Submission for OMB Review; Comment Request; Extension: Rule 30e-2
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    Type:Notice
    Citation:90 FR 2048
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has requested an extension from the Office of Management and Budget (OMB) for the continued collection of information under Rule 30e-2. This rule requires unit investment trusts (UITs) to send financial reports to their unitholders and allows for "householding," where investors who share an address can receive a single report if they have given assent. The SEC estimates the annual burden for complying with this rule is 15 hours per respondent, affecting about 671 UITs, with a total cost of $4,495,700. Public comments on this request are invited until 30 days after the publication of this notice.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants more time to keep asking certain types of investment groups, called UITs, to send money reports to people who have invested with them. The plan is to let family members who live together get just one report, and people can tell the SEC what they think about this idea.

  • 2025-00294 — Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Increase the Exchange's Port Fees in BX Options 7, Section 3
    Type:Notice
    Citation:90 FR 2048
    Reading Time:about 4 minutes

    Nasdaq BX, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to increase its fees for ports used in the BX Options 7, Section 3, specifically for the Specialized Quote Feed (SQF) and SQF Purge Ports. The change will take effect immediately as of December 20, 2024, but the new pricing will be officially operative starting January 1, 2025. The SEC invites the public to submit comments regarding whether this proposed rule is consistent with the Securities Exchange Act of 1934. All the relevant documents and details about the change are available on both the Nasdaq and SEC websites.

    Simple Explanation

    Nasdaq BX wants to charge more money from people who use their special computer connections to trade faster, and they told the government they're doing it. They want people to tell them if they think charging more is fair, but they didn't say how much more it will cost.