Search Results for citation:"90 FR 16894"

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Search Results: citation:"90 FR 16894"

  • Type:Notice
    Citation:90 FR 16894
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is reviewing a rule change proposed by Cboe Exchange, Inc. for P.M.-settled options on two Bitcoin U.S. ETF indexes. Initially filed on February 14, 2025, the proposal includes products with various expiration dates and was published for public comment on March 5, 2025. As no comments were received, the SEC has extended the decision deadline to June 3, 2025, to ensure a thorough review.

    Simple Explanation

    The SEC, which makes rules for big money stuff, is taking more time to decide on a new idea for options (special sort of bets) related to Bitcoin that a place called Cboe Exchange wants to start. They're giving themselves extra time to make sure they understand everything before giving a thumbs-up or down.

  • Type:Notice
    Citation:90 FR 16894
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) published a notice about an application requesting permission for certain business development companies and investment companies to co-invest with affiliated entities. The application was submitted by New Mountain Capital and its affiliates to allow joint investments that are normally not permitted. If no hearing is ordered by the SEC, the requested order may be granted. Interested parties can submit a request for a hearing by May 12, 2025.

    Simple Explanation

    New Mountain Capital and some other companies are asking for special permission to team up and do business together, but normally they can't. They need people to tell the SEC if they want a chance to talk about it by May 12, 2025.