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The Securities and Exchange Commission (SEC) is asking for an extension of the approval for collecting certain information under Rule 17f-4, which is part of the Investment Company Act. This rule involves how investment funds and their custodians manage their securities using systems known as securities depositories. The SEC estimates the ongoing efforts of 639 entities, including funds and custodians, result in a total annual burden of 3,148 hours. The Commission is seeking public comments on this information collection, such as its necessity and ways to improve it, before the submission deadline on March 31, 2025.

The Nasdaq Stock Market LLC submitted a proposal to the Securities and Exchange Commission (SEC) to update certain details regarding the Valkyrie Bitcoin Fund. These updates include changes to the fund's service providers, custodians, order cutoff times, website, alternative benchmark, and the names associated with the Trust and its trustee. The proposed changes were made effective immediately upon filing, as they do not significantly affect investors or public interest and do not introduce new regulatory concerns. The SEC is inviting public comments on this proposal until March 21, 2025.

The Securities and Exchange Commission (SEC) is seeking public comments on their information collection process under Rule 17f-4, which deals with investment companies using securities depositories. They estimate that 639 entities, including funds and custodians, must follow these rules, involving a total annual burden of 3,148 hours for reporting and compliance. The SEC wants feedback on whether the information collected is useful and how to reduce its burden, and the deadline for comments is February 14, 2025. Written comments can be sent to the SEC's designated contact.