Search Results for keywords:"Exchange-Traded Products"

The Securities and Exchange Commission has received a proposed rule change from The Nasdaq Stock Market LLC. This change would allow for a new trading halt feature for Exchange-Traded Products (ETPs) on their launch day, similar to the process used for IPOs. The proposed rule is designed to aid efficient price discovery and protect against unexpected volatility by enabling the ETP issuer to halt trading for a specified period before manually opening it. Nasdaq aims to implement this new feature by the second quarter of 2025.

The Securities and Exchange Commission (SEC) is considering a proposed rule change submitted by The Nasdaq Stock Market LLC. This change would allow for a trading halt on the launch day of new Exchange-Traded Products, similar to what happens during initial public offerings. The proposal was initially published on February 20, 2025. The SEC is extending the time to make a decision on this matter to ensure they have enough time to consider it thoroughly, setting May 21, 2025, as the new deadline to either approve, disapprove, or seek further proceedings on the change.

The Securities and Exchange Commission (SEC) has published a notice about proposed changes to the NYSE Chicago, Inc. rules to allow listing and trading of certain Exchange-Traded Products (ETPs). These changes align NYSE Chicago rules with those of NYSE Arca, aiming for consistency and facilitating competition in ETP listings. The new rules are designed to enhance transparency and clarity in exchange rules while ensuring comprehensive oversight through existing surveillance measures. Interested parties are invited to submit their comments on these proposals to the SEC.