The document discusses a rule change proposed by NYSE Arca, Inc., which aims to adjust the timing of when the Wilshire Gold Index is calculated and published. Specifically, the rule change proposes shifting the time from approximately 5:00 p.m. to approximately 7:00 p.m. Eastern Time. This change is due to certain licensing restrictions and will not impact investors during the trading day because the Trust's net asset value is determined at 4:00 p.m. The Securities and Exchange Commission has allowed the rule change to take effect immediately upon filing, as it does not pose significant regulatory issues or impact investor protection.
Simple Explanation
The document talks about a change in schedule for when a special gold index number is shared—from 5:00 p.m. to 7:00 p.m. This change won't bother people who trade gold stuff because the important value is still checked at 4:00 p.m.