Search Results for citation:"89 FR 99923"

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Search Results: citation:"89 FR 99923"

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  • 2024-29024 — Submission for OMB Review; Comment Request; Extension: Form 1-K
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    Type:Notice
    Citation:89 FR 99923
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is requesting an extension for collecting certain information using Form 1-K, as required under the Paperwork Reduction Act. Form 1-K is mandatory for Tier 2 issuers who conduct offerings under Regulation A and need to file annual reports. There are about 353 issuers that file this form each year, and preparing it requires around 600 hours. The public can submit comments on this information request from December 12, 2024, to January 13, 2025.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants permission to keep asking certain companies, called issuers, to fill out a special form every year, which is very important but takes a lot of time—about 600 hours. People can tell the SEC what they think about this from December 12, 2024, to January 13, 2025.

  • 2024-29035 — Self-Regulatory Organizations; Nasdaq PHLX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Equity 4, Rule 3304 Concerning Data Feeds Utilized
    Type:Notice
    Citation:89 FR 99923
    Reading Time:about 7 minutes

    Nasdaq PHLX, LLC has proposed a rule change to update its list of data feeds used for trading and compliance processes. They intend to make the Long-Term Stock Exchange the primary data source for quoting, with CQS/UQDF as a secondary source. This update aims to improve transparency and market efficiency. The Securities and Exchange Commission (SEC) has allowed the change to take effect immediately to expedite its benefits, as it does not introduce new regulatory issues.

    Simple Explanation

    Nasdaq PHLX is changing how it gets information for trading by using a new main source called the Long-Term Stock Exchange, with a backup source. This change is happening quickly to help make trading clearer and faster, and the SEC is okay with it because it doesn’t cause any new problems.