Search Results for citation:"89 FR 105161"

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Search Results: citation:"89 FR 105161"

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  • 2024-30772 — Proposed Collection; Comment Request; Extension: Electronic Data Collection System Form TCR
    Type:Notice
    Citation:89 FR 105161
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is asking for public comments on the extension of two information collections related to its Electronic Data Collection System and Form TCR, both of which help gather information on potential securities law violations. The SEC estimates that submitting a tip, complaint, or referral online takes about 30 minutes, while completing a hard copy Form TCR takes about 1.5 hours. The SEC invites feedback on whether these collections are necessary, the accuracy of the time estimates, and ways to improve or reduce the burden of these processes. Comments are due by February 24, 2025.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants to hear people's thoughts on filling out forms to report bad activities in the stock market. They want to know if the process is easy and if the time it takes to fill out these forms is okay or not, and they need feedback by February 24, 2025.

  • 2024-30677 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend Equity 4 To Establish Halt Cross Price Protections and Make Other Related Changes
    Type:Notice
    Citation:89 FR 105161
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) has decided to extend the time it will take to review a proposed rule change filed by The Nasdaq Stock Market LLC. This proposal aims to amend rules around "Equity 4" to establish safeguards for halt crosses in trading prices and make other related updates. Initially, the SEC was supposed to reach a decision by January 4, 2025, but they have extended this deadline to February 18, 2025, to allow more time for consideration. The proposed changes were published for public comment on November 20, 2024, but no comments have been received so far.

    Simple Explanation

    The Securities and Exchange Commission needs more time to think about a new rule from Nasdaq that would help keep stock prices steady when trading pauses and starts again, so they've given themselves until February to make a decision. They haven't heard from anyone about it yet.