Search Results for keywords:"Exchange-Traded Funds"

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Search Results: keywords:"Exchange-Traded Funds"

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  • 2025-06524 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing of Proposed Rule Change To Amend Rule 5055 To Allow for Cash Settlement of Certain FLEX Equity Options
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    Type:Notice
    Citation:90 FR 16410
    Reading Time:about 40 minutes

    The Securities and Exchange Commission (SEC) has received a proposal from BOX Exchange LLC to amend Rule 5055 to allow for cash settlement of certain customized FLEX Equity Options where the underlying security is an Exchange-Traded Fund (ETF). This amendment aims to broaden investment options and potentially shift some over-the-counter market trading onto the exchange. To ensure stability, the cash settlement will only apply to ETFs that meet specific liquidity criteria. The SEC has waived the typical 30-day waiting period for the rule to take effect, citing that similar proposals have already been approved for other exchanges.

    Simple Explanation

    Imagine a store where people buy and sell toys. Now, BOX Exchange LLC wants to make a new rule that would let people buy and sell special toy coupons using money instead of trading actual toys. This idea will only happen if the toys (called ETFs) are popular enough, like the top 50 favorite ones, to make sure everything goes smoothly.

  • 2025-03074 — Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing of Proposed Rule Change To Amend Options 4, Section 3, Criteria for Underlying Securities
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    Type:Notice
    Citation:90 FR 10740
    Reading Time:about 23 minutes

    Nasdaq ISE, LLC has proposed a change to its rules to allow the listing and trading of options on Commodity-Based Trust Shares. These shares are tied to commodities and cash held in a trust, such as gold or bitcoin, and the proposed rule would enable options on these shares to be traded similarly to other Exchange-Traded Funds (ETFs). The Securities and Exchange Commission (SEC) is currently seeking public comments on this proposal to ensure it aligns with existing securities laws and promotes a fair and open market. The change is intended to provide investors with more options for managing risk in a transparent and regulated market.

    Simple Explanation

    Nasdaq wants to make new rules so people can trade special kinds of "options" on things like gold or bitcoin, similar to how they trade other funds. The SEC is checking to make sure these new rules are fair and safe for everyone.