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2025-02688 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Amendment No. 2 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment Nos. 1 and 2, To Lengthen Current Extended Trading Sessions
February 18, 2025
Type:Notice
Citation:90 FR 9794
Reading Time:about 32 minutes
The Securities and Exchange Commission (SEC) has approved a proposal by NYSE Arca, Inc. to extend its trading hours. The extended trading will now allow activity from 1:30 a.m. to 11:30 p.m. Eastern Time on weekdays, barring differences on Fridays. This extension aims to foster competition by providing an additional trading venue during extended hours and includes enhanced customer disclosures to inform investors of the risks associated with trading during these hours. Also, the plan ensures that the necessary data mechanisms are in place before this extended trading can commence.
Simple Explanation
(The SEC is letting a stock exchange, NYSE Arca, open for trading much longer than usual, almost all day long, but not on weekends. They will also tell people about the risks of trading during these hours, so everyone knows what might happen with their money.)
2025-06497 — Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on the Fidelity Ethereum Fund
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April 17, 2025
Type:Notice
Citation:90 FR 16359
Reading Time:about 40 minutes
The Securities and Exchange Commission (SEC) has published a notice about a rule change by the MIAX PEARL, LLC Exchange. This proposed change would allow the exchange to list and trade options on the Fidelity Ethereum Fund. These options let investors engage with Ethereum without directly buying the cryptocurrency. The proposal aims to offer another trading venue for these options to enhance market transparency and liquidity, in a manner similar to what is already available for options on ETFs tied to other commodities.
Simple Explanation
The SEC has announced a new plan that lets a certain company offer special deals for buying and selling on something like "Ethereum" without needing to own it, kind of like trading Pokemon cards without owning the cards. This idea hopes to make it easier and clearer to trade, just like trading other popular things.

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