Search Results for keywords:"Securities Exchange Act of 1934"

The Board of Governors of the Federal Reserve System has decided to extend for three more years, without any changes, the recordkeeping, disclosure, and reporting rules related to securities transactions under Regulation H. These rules apply to state member banks (SMBs) and are designed to ensure they keep proper records, provide necessary transaction confirmations to customers, and establish policies for securities trading. The rules are carried out under sections 208.34(c), (d), and (g) of the regulation and are required by the Securities Exchange Act of 1934. The extension was announced without any public comments received on a notice issued in October 2020.

The Cboe BZX Exchange, Inc. proposed changes to extend their Early Trading Session hours. The new hours will be from 4:00 a.m. to 8:00 a.m. Eastern Time, extending from the previous start time of 7:00 a.m. They also plan to allow orders to be accepted from 2:30 a.m. to 4:00 a.m., providing users more time to enter their orders for the early session. This change aims to provide traders with more opportunities to access liquidity early in the day, in line with similar sessions on other exchanges.

The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget (OMB) to continue collecting information under Rule 17f-1(b) of the Securities Exchange Act of 1934. This rule involves the Lost and Stolen Securities Program, which requires approximately 9,500 entities to register and report securities issues like missing, lost, or stolen documents. The SEC estimates that four new entities will join the program each year, each taking about half an hour to comply, costing around $172 per entity annually. The public can comment on this information collection request from December 3, 2024, to January 2, 2025, through the provided online platform or email.

The Cboe EDGA Exchange, Inc. has proposed a rule change to amend its fee schedule to include fees for Dedicated Cores, and this proposal was filed with the Securities and Exchange Commission (SEC) on January 24, 2025. This filing is in accordance with Section 19(b)(1) of the Securities Exchange Act of 1934 and is designed to take effect immediately. The SEC is asking for public comments on this proposal, and various methods are provided for submitting these comments until February 28, 2025. Comments can be shared via an online form, email, or mail, reminding contributors to avoid including any personal identifiable information they do not want made public.

The Securities and Exchange Commission (SEC) received a proposed rule change from NYSE National, Inc. on March 5, 2025, intending to adjust rules 7.31, 7.37, and 7.44. These amendments would allow optional routing strategies for specific orders on the exchange. The Commission has approved the change to be active immediately, bypassing the typical 30-day wait period, as it is deemed beneficial for investors and the public interest. The SEC is inviting public comments until April 7, 2025, regarding whether this proposed change aligns with the aims of the Securities Exchange Act of 1934.

The New York Stock Exchange (NYSE) has proposed a rule change regarding the compliance plans of listed companies that are below required standards. This change states that the NYSE will not review the compliance plans of companies if they have unpaid fees, and will start suspension or delisting if these fees are not paid on time. The rule was initially published for public comment, but no comments have been received. The Securities and Exchange Commission (SEC) has extended its review period to January 14, 2025, to allow more time to make a decision on the proposal.

On September 19, 2024, MX2 LLC applied to the Securities and Exchange Commission (SEC) for registration as a national securities exchange under the Securities Exchange Act of 1934. The company later submitted an amendment to its application on November 29, 2024. MX2 plans to operate an automated electronic trading platform without a physical trading floor, allowing broker-dealer members to trade NMS stocks. The SEC is seeking public comments on MX2's application to determine if it meets the necessary requirements and will decide whether to grant the registration based on these assessments.

The Securities and Exchange Commission (SEC) has published a notice that the Cboe BZX Exchange, Inc. has filed a proposed rule change regarding its fee schedule. The proposal aims to introduce fees for Cboe Timestamping Service reports and is designated for immediate effectiveness. The SEC is inviting public comments on whether this proposed rule change aligns with the Securities Exchange Act of 1934. Comments can be submitted electronically through the SEC's website or via email.

The Securities and Exchange Commission (SEC) announced that it has extended the period for considering a proposed rule change by MIAX PEARL, LLC. MIAX PEARL wants to amend its by-laws to align with a new Equity Rights Program. The SEC originally had 45 days from December 9, 2020, to make a decision but has now extended the deadline to March 9, 2021. This extension will give the SEC more time to review the proposal thoroughly.

In response to requests from industry participants, the Securities and Exchange Commission (SEC) has announced a temporary exemption for institutional investment managers from complying with Rule 13f-2 and Form SHO reporting requirements. Originally set to start on January 2, 2025, the compliance date has been extended to January 2, 2026, giving these managers additional time to adjust their systems and address any operational challenges. This decision was made to ensure the accuracy of the information that will be shared with investors. The SEC believes this extension will help achieve the goals of transparency and accurate data reporting, while balancing the preparation needs of the industry.