Search Results for citation:"90 FR 12619"

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Search Results: citation:"90 FR 12619"

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  • 2025-04331 — Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Pricing Schedule at Options 7, Section 3
    Type:Notice
    Citation:90 FR 12619
    Reading Time:about 3 minutes

    Nasdaq GEMX, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its Pricing Schedule at Options 7, Section 3. The proposed updates include removing specific rebates and fees for Penny and Non-Penny Symbols, adjusting market maker and customer fees, and revising qualification criteria for tier thresholds. The SEC is inviting public comments on this proposal, and individuals can submit their feedback either online or through email by April 8, 2025. The proposed changes are intended to take effect immediately under the guidelines of the Securities Exchange Act.

    Simple Explanation

    Nasdaq GEMX wants to change some money rules for buying and selling options to make things a bit different for some people, and they are asking everyone what they think about it. It's like changing the price of candy in a store and asking the customers if they like the new prices.

  • 2025-04355 — Submission for OMB Review; Comment Request; Extension: Form 12b-25-Notification of Late Filing
    Type:Notice
    Citation:90 FR 12619
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is asking for an extension to continue using Form 12b-25, which companies use to notify the SEC if they can't file a necessary report on time. This form is part of the paperwork the SEC handles under the Securities Exchange Act or the Investment Company Act. There are about 2,849 filings each year, with each taking about 2.5 hours to complete, totaling 7,123 hours of work. The public is invited to comment on this information collection request within 30 days of the notice's publication date.

    Simple Explanation

    The SEC wants to keep using a form that companies fill out to tell them if they're going to be late with some important papers. They want people to say if they think this is okay and will listen to what they say.