Search Results for keywords:"Rule 19b-4"

The Nasdaq Stock Market LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Canary Litecoin ETF. This proposal was published for public comment on February 4, 2025. According to the Securities Exchange Act, the SEC initially has 45 days to decide on such proposals but can extend this period if needed. The SEC has chosen to extend the decision deadline to May 5, 2025, to allow for more time to evaluate the proposal thoroughly.

MEMX LLC, a stock exchange, submitted a proposal to the Securities and Exchange Commission (SEC) to change its fee schedule. The proposal details a new Tape A Quoting Tier, which offers an extra rebate for certain trading activities on the exchange. This change took effect immediately, and the SEC invites public comments on the proposal by March 14, 2025. All relevant information and comments related to this rule change are available on the SEC's website.

MIAX Sapphire, LLC has proposed a new rule to the Securities and Exchange Commission (SEC) that involves changes to its Fee Schedule. The proposal would set a fee for market participants who want to use a dedicated cross connection to access MIAX Sapphire's testing systems environment. This proposal has been categorized for immediate effectiveness, and the SEC is seeking public comments on it until April 8, 2025. Interested individuals can submit their comments electronically or through mail to ensure they are considered by the SEC.

The Securities and Exchange Commission (SEC) has received a proposed rule change from Nasdaq MRX, LLC to introduce fees for Industry Members associated with the Consolidated Audit Trail (CAT) costs for 2025. This change is designed for immediate effectiveness, and the SEC is inviting public comments on whether the change aligns with the Securities Exchange Act. Comments can be submitted electronically or by mail until February 13, 2025. The proposal and supporting documents are available for public viewing on the SEC and Nasdaq websites.

The Securities and Exchange Commission has announced a proposed rule change filed by ICE Clear Europe Limited, aiming to revise its Price Submission Disciplinary Framework. The changes include renaming it to "Price Submission Disciplinary Procedure" and altering how missed price submissions are handled. Clearing Members could get one waiver per calendar year for technical issues, rather than one during the entire membership, and the review process has been extended, providing more time for responses and evaluations. The amendments also update governance procedures and make various clarifications to improve understanding and consistency with other Clearing House policies.

The Securities and Exchange Commission (SEC) has announced that LCH SA, a clearing agency, has proposed a change to its CDSClear fee grid for 2025. This proposal was filed on January 8, 2025, and is set to take effect immediately. The change aims to update the fee structure related to the CDSClear business and its clearing services. The SEC is inviting the public to comment on this proposal until February 11, 2025, by submitting their thoughts online or via mail.

The Cboe BZX Exchange, Inc. has proposed a rule change to update its Fee Schedule for its equities trading platform. The main update involves introducing a new rebate program called the LMM Add Liquidity Rebate, aimed at incentivizing Lead Market Makers (LMMs) to enhance market quality by providing liquidity in higher volume BZX-listed securities. To qualify for this rebate, securities must meet a specific average daily volume threshold. Additionally, there are some minor updates like renumbering paragraphs in the Fee Schedule and removing a rarely used Market Depth Tier. The U.S. Securities and Exchange Commission is seeking comments from the public on these proposed changes.