Search Results for keywords:"Rule 2.8"

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Search Results: keywords:"Rule 2.8"

  • Type:Notice
    Citation:90 FR 11638
    Reading Time:about 3 minutes

    Cboe BYX Exchange, Inc. has proposed a rule change to the Securities and Exchange Commission (SEC) to amend Rule 2.8, which deals with a member's voluntary termination of rights. This rule change requires members who wish to give up their rights to notify the Exchange by a certain deadline using a specified method. The SEC is asking for public comments on this proposed change, and submissions should be filed by March 31, 2025. All comment submissions will be available for public viewing on the SEC's website.

    Simple Explanation

    Cboe BYX Exchange, Inc. wants to change a rule about how their members can quit the club, saying members need to tell them by a certain time and in a certain way, and now they are asking people to say what they think about this change before the end of March 2025.

  • Type:Notice
    Citation:90 FR 11637
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) has received a proposal from the Cboe EDGX Exchange, Inc. to amend Rule 2.8, which deals with members wanting to end their membership in the exchange. Under the new rule, members must notify the exchange before a specific deadline if they intend to terminate their membership. The proposal was filed for immediate effectiveness, and the SEC is seeking public comments on this change until March 31, 2025. All comments should reference file number SR-CboeEDGX-2025-014.

    Simple Explanation

    The SEC got a request from a group that helps people buy and sell stocks, called Cboe EDGX Exchange, asking for a rule change. They want members to tell them ahead of time if they want to stop being a member, and they want to know what people think about this idea.

  • Type:Notice
    Citation:90 FR 11638
    Reading Time:about 3 minutes

    Cboe EDGA Exchange, Inc. is proposing a change to its Rule 2.8, which involves the voluntary termination of rights by its members. This proposal, effective immediately, requires members who wish to give up their membership to notify the Exchange by a deadline specified by the Exchange and in a manner that the Exchange prescribes. The Securities and Exchange Commission is inviting public comments on this proposed rule change, and feedback should be submitted by March 31, 2025. The proposal, along with supporting details, can be reviewed on both the Exchange's and Commission's websites.

    Simple Explanation

    The Cboe EDGA Exchange wants to change a rule so that members who want to quit have to tell them by a certain time and in a special way, and they want everyone to say what they think about this change by the end of March 2025.

  • Type:Notice
    Citation:90 FR 11635
    Reading Time:about 3 minutes

    The Cboe BZX Exchange, Inc. has proposed a rule change, filed with the Securities and Exchange Commission (SEC), to amend Rule 2.8, which concerns the voluntary termination of rights as an Exchange member. Members who wish to terminate their membership must notify the Exchange by the set deadline, following the specified procedure. The SEC invites public comments on whether this rule change aligns with the Securities Exchange Act of 1934. Comments must be submitted by March 31, 2025, using the methods outlined in the notice.

    Simple Explanation

    The Cboe BZX Exchange wants to let its members know how they can quit being part of the group by following certain steps, and they want people to share their thoughts about this change before the end of March 2025.