Search Results for citation:"90 FR 10525"

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Search Results: citation:"90 FR 10525"

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  • 2025-03043 — Sunshine Act Meetings
    Type:Notice
    Citation:90 FR 10525
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) has announced a closed meeting to be held at 2 p.m. on Thursday, February 27, 2025. The meeting will take place both online and at the SEC's headquarters in Washington, DC. The discussion will cover topics such as the resolution of litigation claims and the institution and settlement of injunction and administrative proceedings. The meeting is closed to the public, as it falls under certain legal exemptions that allow these topics to be discussed privately. For more details, Vanessa A. Countryman from the SEC's Office of the Secretary can be contacted.

    Simple Explanation

    The Securities and Exchange Commission (SEC) is having a secret meeting on February 27, 2025, where they will talk about legal matters like fixing arguments and making rules. Only certain people are allowed to join, and if you want to know more, you can ask Vanessa A. Countryman at the SEC.

  • 2025-02945 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the Bitwise XRP ETF Under BZX Rule 14.11(e)(4) (Commodity-Based Trust Shares)
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    Type:Notice
    Citation:90 FR 10525
    Reading Time:about 50 minutes

    The Securities and Exchange Commission (SEC) has announced that the Cboe BZX Exchange, Inc. has proposed a rule change to list and trade shares of the Bitwise XRP ETF under its Commodity-Based Trust Shares rules. The ETF aims to track the performance of XRP, a digital asset used for fast and low-cost cross-border payments. The proposal is designed to prevent fraud and manipulation while protecting investors, mirroring previous approvals for similar ETFs based on Bitcoin and Ethereum. The SEC is currently seeking public comments on this proposal before deciding on its approval.

    Simple Explanation

    The SEC is looking at a new plan where a company wants to make a special trading fund that works like a basket to hold a digital money called XRP. This plan is meant to let people trade XRP in a safer and more controlled way, and they want to make sure no one cheats or lies.