Search Results for keywords:"SEC proposed rule change"

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Search Results: keywords:"SEC proposed rule change"

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  • 2025-05446 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Make Certain Administrative Changes Regarding SPESG, SPEQF, and SPEQX Options
    Type:Notice
    Citation:90 FR 14283
    Reading Time:about 9 minutes

    Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to make some administrative updates to its rules. The main changes include renaming the S&P 500 ESG Index to the S&P 500 Scored & Screened Index and updating rules to include the S&P 500 Equal Weight Index, which enables trading of certain options. These modifications are intended to clarify the exchange rules without affecting how these options trade. The SEC is inviting public comments on these proposed changes to ensure they are consistent with the law and fair to the market.

    Simple Explanation

    The Cboe Exchange wants to change some names and rules for certain options, like calling the S&P 500 ESG Index a new name, to make things clearer and make it easy for people to trade, but they don't explain why or how exactly it will help.

  • 2025-02684 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the Canary Solana Trust, Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
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    Type:Notice
    Citation:90 FR 9756
    Reading Time:about 54 minutes

    The Securities and Exchange Commission has received a proposed rule change from the Cboe BZX Exchange, Inc. to list and trade shares of the Canary Solana Trust under BZX Rule 14.11(e)(4), which covers Commodity-Based Trust Shares. The Trust aims to track the performance of SOL, a digital asset from the decentralized Solana Network, focusing on preventing fraudulent and manipulative practices. To do this, they plan to utilize various security measures, including transparency in pricing and information dissemination. The SEC is seeking public comments before making a final decision, with the deadline set for March 11, 2025.

    Simple Explanation

    The Cboe BZX Exchange wants to let people buy and sell a new kind of share linked to Solana, a digital coin, and they asked the SEC for permission, which is like getting a thumbs-up. The SEC is thinking about it and asking people what they think before deciding, just like when you ask others if they like your new toy before you let everyone play with it.