Search Results for keywords:"fraud prevention"

Found 33 results

Search Results: keywords:"fraud prevention"

💰 Only
Oldest Newest
  • 2020-29088 — Federal Acquisition Regulation: Individual Sureties
    💰
    Type:Rule
    Citation:86 FR 3682
    Reading Time:about 22 minutes

    The Department of Defense, General Services Administration, and NASA issued a final rule altering the Federal Acquisition Regulation. This change aligns with the National Defense Authorization Act for Fiscal Year 2016, requiring individual sureties to pledge specific U.S. Government-backed assets as security for bonds, enhancing the protection against default. Public comments showed strong support for the rule, citing its benefits in fraud prevention and protection of subcontractors and suppliers in federal construction projects. The rule also aims to streamline the procurement process without significantly impacting small businesses' access to bonding.

    Simple Explanation

    In simple words, the new rule says that people who promise to pay money if a contractor doesn't do their job right now have to use special, safer things that the government likes to prove they can keep their promise. This change is meant to stop tricksters and make sure everyone, like builders and their helpers, are protected, though it might make it a little harder for some small businesses to find these promising people.

  • 2024-30907 — Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend the Codes of Arbitration Procedure To Make Clarifying, Technical, and Procedural Changes to the Arbitrator List Selection Process
    💰
    Type:Notice
    Citation:89 FR 106635
    Reading Time:about 53 minutes

    The Financial Industry Regulatory Authority (FINRA) has proposed changes to its arbitration process to enhance the fairness and efficiency of selecting arbitrators. The new rules would give non-chair-qualified public arbitrators more opportunities to be selected and improve the list selection process's transparency. The proposal also introduces clear timelines for removing arbitrators and aligns rules with existing practices, ensuring better protection of investors and public interest by making the arbitration process more predictable and equitable. The Securities and Exchange Commission is inviting the public to comment on these proposed changes.

    Simple Explanation

    FINRA wants to change how they pick people to help solve money arguments, like making sure there's a fair chance for everyone and explaining things clearly. The government is asking people what they think about these changes.

  • 2025-03662 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To Adopt Nasdaq Rule 5712 To Provide for the Listing and Trading of Commodity- and Digital Asset-Based Investment Interests and To List and Trade Shares of the Hashdex Nasdaq Crypto Index US ETF Under Proposed Nasdaq Rule 5712
    💰
    Type:Notice
    Citation:90 FR 11563
    Reading Time:about 88 minutes

    The Securities and Exchange Commission (SEC) is considering a proposed rule change submitted by The Nasdaq Stock Market LLC. This proposal aims to introduce a new rule, Nasdaq Rule 5712, which would allow the listing and trading of investment products based on commodities and digital assets. Specifically, the rule would facilitate the listing and trading of shares in the Hashdex Nasdaq Crypto Index US ETF. The SEC is inviting comments from the public on this proposed change to ensure it aligns with regulatory standards and protects investors.

    Simple Explanation

    Nasdaq wants to make a new rule so people can buy and sell special financial products that are based on things like gold or digital money. The big guy who checks if everything is fair, called the SEC, wants to know what everyone thinks about this idea to make sure it’s good and safe for everyone.

  • 2025-06413 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of a Proposed Rule Change To List and Trade Shares of Grayscale Avalanche Trust (AVAX) Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
    💰
    Type:Notice
    Citation:90 FR 16022
    Reading Time:about 73 minutes

    The Securities and Exchange Commission has announced a proposed rule change to allow Nasdaq to list and trade shares from the Grayscale Avalanche Trust (AVAX) under its rules for Commodity-Based Trust Shares. These shares will let investors indirectly invest in AVAX, a cryptocurrency from the Avalanche Network, similar to how they might invest in other commodities like gold. The Trust will not be actively managed, and the value of its shares will reflect the value of the AVAX it holds, minus associated expenses. The proposal also includes measures to prevent fraud and manipulation, despite AVAX's market not being primarily regulated.

    Simple Explanation

    Imagine a new way for people to put their money into a special kind of pretend money called AVAX, which is like a game token used online. The plan is for these tokens to be turned into little pieces that people can buy and sell on a big trading floor called Nasdaq, just like trading collectible cards but with grown-up money. This idea is still being checked to make sure it's fair and safe for everyone.

  • 2021-03928 — Privacy Act of 1974; System of Records
    Type:Notice
    Citation:86 FR 11523
    Reading Time:about 15 minutes

    The Federal Communications Commission (FCC) is creating a new system of records called the Emergency Broadband Benefit Program, in compliance with the Privacy Act of 1974. The program offers discounts on broadband internet services and devices to eligible households, aiming to help those affected by COVID-19 or in financial need. The Universal Service Administrative Company (USAC) will manage the program, which will store various personal details about the participants, such as names, addresses, and eligibility status. The program will share this information with authorized entities for management, verification, and fraud prevention purposes.

    Simple Explanation

    The FCC has started a new program to help families pay for the internet, so they can stay connected during tough times. This program collects some personal information to make sure the help goes to the right people and prevent cheating.

  • 2021-02115 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change Amending Rule 7.32
    Type:Notice
    Citation:86 FR 7905
    Reading Time:about 6 minutes

    The New York Stock Exchange LLC has proposed a rule change to Rule 7.32 regarding order entry size limitations for Issuer Direct Offering (IDO) Orders. This change would allow the Exchange to accept IDO Orders without applying the usual size limits. The proposal is designed to ensure that IDO Orders can meet the quantity requirements outlined in the issuer's prospectus, as required by Rule 7.31(c)(1)(D)(iii). The Securities and Exchange Commission is inviting comments on this proposal, which has taken immediate effect while still allowing for a review period.

    Simple Explanation

    The New York Stock Exchange wants to change a rule so they can take orders for shares from companies without worrying about how big the order is. This helps make sure the orders match what the company's rules say they need to be.

  • 2024-30911 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Cboe BZX Exchange, Inc.; Order Granting Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Hashdex Nasdaq Crypto Index US ETF and Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Franklin Crypto Index ETF, a Series of the Franklin Crypto Trust
    Type:Notice
    Citation:89 FR 106707
    Reading Time:about 17 minutes

    The Securities and Exchange Commission (SEC) approved proposals from Nasdaq Stock Market LLC and Cboe BZX Exchange, Inc. to list and trade new Exchange-Traded Funds (ETFs) called the Hashdex Nasdaq Crypto Index US ETF and the Franklin Crypto Index ETF. These ETFs will hold both spot bitcoin and spot ether as their underlying assets. The SEC concluded that the exchanges have adequate measures to prevent fraud and manipulative practices, ensuring the safety and fairness of trading these shares. The approval of the Franklin ETF was expedited due to its similarities with previously approved ETFs.

    Simple Explanation

    The SEC, like a big referee, said yes to two new trading ideas that let people buy special baskets, called ETFs, filled with digital coins like Bitcoin and Ether, and made sure everything is safe and fair.

  • 2025-02945 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Filing of a Proposed Rule Change To List and Trade Shares of the Bitwise XRP ETF Under BZX Rule 14.11(e)(4) (Commodity-Based Trust Shares)
    💰
    Type:Notice
    Citation:90 FR 10525
    Reading Time:about 50 minutes

    The Securities and Exchange Commission (SEC) has announced that the Cboe BZX Exchange, Inc. has proposed a rule change to list and trade shares of the Bitwise XRP ETF under its Commodity-Based Trust Shares rules. The ETF aims to track the performance of XRP, a digital asset used for fast and low-cost cross-border payments. The proposal is designed to prevent fraud and manipulation while protecting investors, mirroring previous approvals for similar ETFs based on Bitcoin and Ethereum. The SEC is currently seeking public comments on this proposal before deciding on its approval.

    Simple Explanation

    The SEC is looking at a new plan where a company wants to make a special trading fund that works like a basket to hold a digital money called XRP. This plan is meant to let people trade XRP in a safer and more controlled way, and they want to make sure no one cheats or lies.

  • 2025-02499 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing of Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Grayscale Solana Trust Under NYSE Arca Rule 8.201-E, Commodity-Based Trust Shares
    💰
    Type:Notice
    Citation:90 FR 9470
    Reading Time:about 98 minutes

    On January 24, 2025, NYSE Arca filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Grayscale Solana Trust, which deals with Solana cryptocurrency, under specific trading rules. This proposal aims to institute a new way for people to securely invest in Solana via a regulated exchange. The Grayscale Solana Trust, governed by a sponsor and custodian, is structured to prevent fraud and ensure fair pricing. The SEC is currently reviewing the proposal and seeking public comments to evaluate its compliance with regulations designed to protect investors and maintain market integrity.

    Simple Explanation

    Imagine a treasure chest where people can safely keep their shiny Solana coins, a type of digital money, at a special place called NYSE Arca. They want to make this treasure chest really safe and fair, so they are asking some smart people, like the SEC, to make sure everything is okay before they open it for everyone to use.

  • 2025-06519 — Self-Regulatory Organizations; MIAX PEARL, LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Exchange Rule 402, Criteria for Underlying Securities, To List and Trade Options on the Grayscale Ethereum Trust, the Grayscale Ethereum Mini Trust, and the Bitwise Ethereum ETF
    💰
    Type:Notice
    Citation:90 FR 16253
    Reading Time:about 41 minutes

    The Securities and Exchange Commission (SEC) received a proposed rule change from MIAX PEARL, LLC, to allow trading options on three Ethereum-related funds: the Grayscale Ethereum Trust, the Grayscale Ethereum Mini Trust, and the Bitwise Ethereum ETF. This proposal comes as a response to similar competitive offerings approved by the NYSE American. MIAX Pearl argues that these changes will offer investors a lower-cost tool for managing risks and gaining exposure to Ethereum prices. The SEC aims to ensure this new trading option is in line with its rules designed to prevent fraud and maintain fair trading practices.

    Simple Explanation

    MIAX PEARL wants to let people trade special bets on how the price of a virtual money called Ethereum will change, using three new funds. The people who make the rules are checking to make sure everyone will play fair and no one cheats.

123 Next