Search Results for keywords:"Proposed Rule Change"

Cboe EDGX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its Fee Schedule. This change introduces a new fee waiver for Uncontrolled External Distributors under the Market Data section. The proposal is effective immediately, and the SEC is seeking public comments on this change until March 21, 2025. Interested individuals can submit their views on the SEC's website or by email, ensuring to reference the file number SR-CboeEDGX-2025-009.

The Securities and Exchange Commission (SEC) has announced a proposed rule change by the BOX Exchange LLC regarding the fees for Floor Market Maker manual transactions on the BOX Options Market LLC facility. This change was filed on January 16, 2025, and is set to be effective immediately. The SEC is inviting the public to submit comments on this proposed change. Anyone interested in providing feedback can do so through the SEC's website or by sending an email, with submissions accepted until February 27, 2025.

The Cboe BZX Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend rules concerning two investment products: the Invesco Galaxy Bitcoin ETF and the Invesco Galaxy Ethereum ETF. The proposal aims to allow these ETFs to process creations and redemptions both in cash and in-kind. This change is intended to improve the efficiency of trading by allowing participants to use actual cryptocurrencies like bitcoin or ether instead of cash alone, potentially streamlining transactions and reducing market impacts. The SEC is inviting public comments on this proposal until April 8, 2025.

On July 17, 2020, the Cboe BYX Exchange proposed a new rule to introduce periodic auctions for trading U.S. equity securities. This proposal was filed with the Securities and Exchange Commission (SEC) and was published for public comment in August 2020. After receiving comments and amending the proposal twice, the SEC is now considering whether to approve or disapprove it. The decision deadline has been extended to April 1, 2021, to allow the SEC more time for evaluation.

Nasdaq BX, Inc. has proposed a rule change to adjust fees related to options market data products, such as BX Top and BX Depth, according to the rate of inflation. This change was filed with the Securities and Exchange Commission and is intended to take effect immediately, with the operational date set for January 1, 2025. The proposal aims to adjust various distribution and subscriber fees to account for inflation since they were last updated. The Securities and Exchange Commission is inviting public comments on this proposal, with comments due by February 3, 2025.

The Securities and Exchange Commission (SEC) has approved a proposed rule change by LCH SA to amend its CDS Clearing Rule Book and Procedures. This change allows affiliates of Clearing Members to become CDS Dealers, enabling them to submit transactions on behalf of their affiliated Clearing Members. The rule aims to expand trading options for Clearing Members and streamline the clearing process by reducing the need for separate client onboarding for affiliate trades. It establishes clear criteria and a formal application process for affiliates seeking CDS Dealer status to ensure they meet necessary qualifications.

The Cboe Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission regarding their "Consolidated Audit Trail Funding Fees" for 2025. This proposal sets the fee rate at $0.000022 per executed equivalent share and is designed to take immediate effect. The Commission is seeking feedback on this change, inviting the public to submit comments electronically or by mail before January 27, 2025. The full details are available on both the Cboe and SEC websites.

Cboe BZX Exchange, Inc. has proposed a rule change to remove the Non-Displayed Add Volume Tier 5 from its Fee Schedule. This proposal was filed with the Securities and Exchange Commission (SEC) and became immediately effective under certain provisions of the Securities Exchange Act. The SEC is inviting public comments on this proposed change, which can be submitted through their website or by mail. All comments should reference the specific file number associated with this rule change.

The Cboe C2 Exchange, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to introduce a new service called the Cboe Timestamping Service. This service will provide two optional market data reports: the Missed Liquidity Report and the Cancels Report, offering timestamp information for orders, quotes, and cancels. The SEC is inviting comments from the public on this proposal by January 24, 2025. Members of the exchange can choose to purchase either one or both reports, and fees will be charged accordingly.

The document from the Securities and Exchange Commission (SEC) explains a proposed rule change by Banque Centrale de Compensation, known as LCH SA, regarding "Dealer Status." LCH SA wants to let affiliates of its Clearing Members, called CDS Dealers, submit transactions for clearing without needing to be Clearing Members themselves. This change aims to make clearing operations more efficient and reduce costs. The SEC is seeking public comments on this proposal.