Search Results for keywords:"Securities Exchange Act of 1934"

The Cboe BZX Exchange, Inc. proposed changes to extend their Early Trading Session hours. The new hours will be from 4:00 a.m. to 8:00 a.m. Eastern Time, extending from the previous start time of 7:00 a.m. They also plan to allow orders to be accepted from 2:30 a.m. to 4:00 a.m., providing users more time to enter their orders for the early session. This change aims to provide traders with more opportunities to access liquidity early in the day, in line with similar sessions on other exchanges.

The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget (OMB) to continue collecting information under Rule 17f-1(b) of the Securities Exchange Act of 1934. This rule involves the Lost and Stolen Securities Program, which requires approximately 9,500 entities to register and report securities issues like missing, lost, or stolen documents. The SEC estimates that four new entities will join the program each year, each taking about half an hour to comply, costing around $172 per entity annually. The public can comment on this information collection request from December 3, 2024, to January 2, 2025, through the provided online platform or email.

The Securities and Exchange Commission (SEC) is asking for public comments on the current information collection required by Rule 6h-1 under the Securities Exchange Act of 1934. This rule involves the listing standards for national securities exchanges and associations trading in security futures products, focusing on preventing price manipulation and coordinating trading halts. Public feedback is sought on the necessity, efficiency, and burden of this information collection, and comments can be submitted by May 12, 2025. This process is part of the SEC's efforts to continue complying with the Paperwork Reduction Act of 1995.

The Securities and Exchange Commission (SEC) is inviting public comments on the continued collection of information for Rule 12f-1 under the Securities Exchange Act of 1934. This rule requires exchanges to provide information when applying to reinstate unlisted trading privileges (UTP) in a security whose UTP had been suspended. The SEC estimates that it takes about one hour to complete each application, with a total cost of $221 per response, resulting in an annual compliance cost of approximately $5,304 for all respondents. The SEC is seeking feedback on the necessity, accuracy, and efficiency of this information collection process, and comments must be submitted within 60 days of publication.

The Securities and Exchange Commission (SEC) has adopted a final rule under the Securities Exchange Act of 1934 to improve transparency in the extraction industry. This rule requires companies involved in the extraction of oil, natural gas, or minerals to report payments made to foreign governments or the U.S. federal government for resource development. Companies must include details about the type and amount of payments, and this information must be presented publicly in a specific electronic format. The rule aims to deter corruption and promote accountability, although some exemptions and delayed reporting options are available to reduce the compliance burden on smaller companies.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the entry fee for exchange-traded products (ETPs) to $10,000 per ETP. This proposed change was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is seeking comments from the public on whether this rule change is consistent with the Securities Exchange Act of 1934. Interested parties can submit their comments online or by mail before March 21, 2025.

The Securities and Exchange Commission (SEC) is seeking public comments on the continuation of an information collection process involving Form 8-A. This form is used by companies to register a class of securities with the SEC, as required by the Securities Exchange Act of 1934. The SEC estimates that about 1,052 forms are filed annually, each taking approximately 3 hours to complete, resulting in a total annual burden of 3,156 hours. Public comments on this information collection are invited before May 9, 2025, to ensure it remains efficient and useful.

The Securities and Exchange Commission (SEC) announced the fiscal year 2021 adjustments to transaction fee rates under Sections 31(b) and (c) of the Securities Exchange Act of 1934. These fee rates are applied based on the total dollar amount of sales of certain securities, either on a national securities exchange or through members of a national securities association. The new fee rate is set at $5.10 per million dollars starting February 25, 2021. This rate aims to cover the SEC’s annual budget of $1,926,162,000, as specified in the Consolidated Appropriations Act, 2021.

The Cboe Exchange, Inc. has proposed a rule change to allow the listing and trading of index options with a smaller index multiplier of one, known as "micro-options." This change aims to make it easier for retail investors to access the market by providing lower-priced options, reflecting 1/100th of the value of current index options. The micro-options are designed to expand investor choices by allowing more precise hedging strategies, especially for smaller investments. The Securities and Exchange Commission (SEC) is inviting public comments on this proposal to evaluate its impact and ensure it aligns with the rules of the Securities Exchange Act of 1934.

The Securities and Exchange Commission (SEC) has allowed the New York Stock Exchange (NYSE) to change a previous exemption that lets them trade debt securities on NYSE Bonds, even if these aren't registered under the Exchange Act. Previously, the issuer needed to have shares listed on the NYSE, but now these shares can be listed on any national securities exchange. This change aims to reduce regulatory differences and boost competition between exchange-traded and over-the-counter markets for these securities. The decision includes measures to safeguard investors, like ensuring continuous monitoring of the issuers' equity securities that allow their debt securities to trade on the NYSE.