Search Results for keywords:"investment options"

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Search Results: keywords:"investment options"

  • Type:Notice
    Citation:90 FR 11445
    Reading Time:about 10 minutes

    The Securities and Exchange Commission (SEC) is considering an application from Fidelity Covington Trust and others to amend a prior order, allowing certain funds to expand their investment options beyond what's currently permitted. The proposal suggests that these funds be able to invest in additional securities, such as fixed income and foreign investments, while adhering to new disclosure requirements to ensure transparency. The application argues that the flexibility in investments would not lead to confusion among investors and wouldn't negatively affect the fund's performance or operations. If granted, the new order would continue to meet the regulatory standards needed for exemption under various sections of the Investment Company Act.

    Simple Explanation

    In this notice, the Securities and Exchange Commission is thinking about letting some investment funds, like those from Fidelity, buy more kinds of stuff, like different money CDs or stocks from other countries. They promise to show clearly what they are doing so investors won't get confused.

  • Type:Notice
    Citation:90 FR 12865
    Reading Time:about 29 minutes

    The Securities and Exchange Commission has been notified by Cboe Exchange, Inc. about a proposed rule change to allow the listing of options on Commodity-Based Trust Shares. This change aims to make listing these options more efficient and competitive, aligning them with existing rules for other ETFs without needing additional approvals. The proposal is part of ongoing efforts by options exchanges to expand trading opportunities and improve market competition, which can result in better investment options for the public. Comments from the public are invited, with a deadline mentioned for submissions.

    Simple Explanation

    The Cboe Exchange wants to add a new kind of trading option, kind of like giving more toys to play with, and the Securities and Exchange Commission is checking if that's a good idea. They hope it will make the market more exciting, like adding more colors to a painting.

  • Type:Notice
    Citation:90 FR 12377
    Reading Time:about 26 minutes

    NYSE Arca has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend Rule 5.3-O. This amendment aims to permit the listing and trading of options on Commodity-Based Trust Shares. These shares represent interests in trusts that hold specified commodities. The change is expected to enhance market competitiveness by allowing options on these Commodity-Based Trust Shares to be listed and traded more efficiently, without needing separate approvals from the SEC, thereby benefiting investors with quicker and transparent access to these investment options.

    Simple Explanation

    NYSE Arca wants to change a rule so that people can trade options, which are a kind of financial bet, on special stocks that represent piles of things like gold or oil. This change will make it easier and faster for people to use these options because they won't need extra permission each time they want to trade them.