Search Results for keywords:"market integrity"

The Cboe Exchange, Inc. has announced a proposal to change its rules to allow the exchange to list options on the iShares Ethereum Trust. The Securities and Exchange Commission (SEC) is seeking public comments on this proposal, which is intended to offer investors a cost-effective way to gain exposure to ether, as well as provide a hedging tool. The proposed options will be similar to those available for other commodity ETFs like gold and silver. To facilitate this change, various rules about trading, listing criteria, and position limits will apply to ensure market integrity and investor protection.

Cboe BZX Exchange, Inc. has proposed a rule change to allow the Franklin Ethereum ETF to engage in staking with its ether holdings. This change would enable the fund, which already trades ether as a commodity, to earn additional rewards through staking, benefiting investors. The filing outlines that this staking would be conducted in a way that doesn't pose additional risks to the fund or its ether holdings. Comments from the public are invited before the Securities and Exchange Commission decides on approving the change.

Cboe Exchange, Inc. proposed a rule change to amend the execution price cap for auction mechanisms AIM and SAM, which are designed to improve pricing for customer orders. Currently, Agency Orders must be executed at a price no worse than the Initial NBBO. The new proposal allows these orders to potentially receive better pricing when the market changes during the auction, thus offering price savings to customers. The exchange believes this change will benefit investors by providing more opportunities for price improvement without negatively impacting competition or market integrity.

The New York Stock Exchange (NYSE) has proposed a change to its rules for listing companies from outside North America. This proposal would allow companies listing for the first time, that are not already on another stock exchange, to have their worldwide shareholders count towards the NYSE's stockholder requirements. The intention is to make it easier for international companies to list on the NYSE and to enhance competition with Nasdaq. The Securities and Exchange Commission (SEC) is reviewing this proposal to ensure it protects investors and maintains market integrity. They are inviting public comments to help decide on approval.

The New York Stock Exchange (NYSE) has extended its waiver from certain shareholder approval requirements for stock issuances until March 31, 2021, due to financial challenges posed by the COVID-19 pandemic. This waiver allows companies to raise funds through private placements without needing shareholder approval, as long as the transactions meet specific conditions such as minimum price requirements and independent audit committee approval. The NYSE's move aligns with similar rules already used by the NASDAQ, offering companies more flexibility during these difficult economic times. However, this waiver doesn't apply if the funds raised are intended for acquisitions.

On January 24, 2025, NYSE Arca filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Grayscale Solana Trust, which deals with Solana cryptocurrency, under specific trading rules. This proposal aims to institute a new way for people to securely invest in Solana via a regulated exchange. The Grayscale Solana Trust, governed by a sponsor and custodian, is structured to prevent fraud and ensure fair pricing. The SEC is currently reviewing the proposal and seeking public comments to evaluate its compliance with regulations designed to protect investors and maintain market integrity.