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2024-30915 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change to List and Trade Shares of the BondBloxx Private Credit Trust Under BZX Rule 14.11(f), Trust Issued Receipts
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December 30, 2024
Type:Notice
Citation:89 FR 106648
Reading Time:about 31 minutes
The Cboe BZX Exchange, Inc. has proposed a new rule to the Securities and Exchange Commission (SEC) to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f), which governs Trust Issued Receipts. This Trust aims to provide returns through distributions of current income by investing in diverse consumer and small business loans and other related assets. It will maintain a portion of its investments in liquid assets to manage redemptions efficiently. The Exchange claims that this rule change will enhance competition in the market to benefit investors.
Simple Explanation
The Cboe BZX Exchange wants to let people buy and sell shares in something called the BondBloxx Private Credit Trust, which is like a special money jar that makes money by lending to people and businesses. This will let more people join and try to make money in different ways, while also keeping some money ready for anyone who wants to take their savings out quickly.
2025-04657 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the BondBloxx Private Credit Trust
March 20, 2025
Type:Notice
Citation:90 FR 13257
Reading Time:about 18 minutes
The Securities and Exchange Commission (SEC) is conducting proceedings to decide whether to approve or disapprove a proposed rule change by the Cboe BZX Exchange. This rule change involves listing and trading shares of the BondBloxx Private Credit Trust. The Trust aims to offer risk-adjusted returns through investments in a diversified portfolio of private credit assets like personal and small business loans. The proceedings allow for public comments and analysis on whether the rule aligns with rules preventing fraud and protecting investor interests.
Simple Explanation
The government is thinking about whether a new idea for people to buy a special kind of money-earning plan, called the BondBloxx Private Credit Trust, should be allowed. They want to make sure this idea keeps people's money safe and no one gets tricked.
2025-02555 — 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 BondBloxx Private Credit Trust Under BZX Rule 14.11(f), Trust Issued Receipts
February 13, 2025
Type:Notice
Citation:90 FR 9559
Reading Time:about a minute or two
The Securities and Exchange Commission is considering a rule change proposal by the Cboe BZX Exchange, Inc. to list and trade shares of the BondBloxx Private Credit Trust under its specified rules. This proposal was initially published on December 30, 2024, and the SEC received no public comments on it. The SEC has extended its review period, now deciding the proposal's fate by March 30, 2025, instead of the original February deadline, to allow for more comprehensive consideration.
Simple Explanation
The people who make rules for trading stocks are thinking about a new kind of money-sharing plan called the BondBloxx Private Credit Trust. They need more time, until March 30, 2025, to decide if it's okay to let people trade this on the stock market because they want to think very carefully about it.

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