Search Results for citation:"90 FR 12424"

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Search Results: citation:"90 FR 12424"

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2025-04181 — Self-Regulatory Organizations; MEMX LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Options Fee Schedule Concerning Certain Transaction Rebates
March 17, 2025
Type:Notice
Citation:90 FR 12424
Reading Time:about 3 minutes
MEMX LLC, a self-regulatory organization, has proposed a change to its Options Fee Schedule. This change would decrease the rebate for certain transactions that add liquidity in Non-Penny options by customers on their platform. The proposal was filed with the Securities and Exchange Commission (SEC) and is expected to take immediate effect on March 3, 2025. The SEC invites the public to comment on this proposal by April 7, 2025, through their website or by email.
Simple Explanation
MEMX LLC wants to change the way they give money back to people who help keep their marketplace busy by trading special options, but they haven't explained why or how it will help anyone.
2025-04183 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the Canary Solana Trust Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
March 17, 2025
Type:Notice
Citation:90 FR 12424
Reading Time:about a minute or two
The Securities and Exchange Commission (SEC) has announced a longer review period for a proposed rule change filed by Cboe BZX Exchange, Inc. This change would allow the listing and trading of shares of the Canary Solana Trust under the Commodity-Based Trust Shares category. The SEC has extended the decision deadline to May 19, 2025, to have more time to review the proposal and the issues it raises. This announcement was made under the authority of the Division of Trading and Markets.
Simple Explanation
The SEC is taking more time, until May 19, 2025, to think about whether a company can sell special types of shares called Canary Solana Trust shares, so they can make sure everything is just right.

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