Found 5 results

Search Results: keywords:"notice of designation"

💰 Only

Oldest Newest

2024-29627 — Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Partial Amendment No. 1, Relating to the Adoption of a Trade Submission Requirement
December 17, 2024
Type:Notice
Citation:89 FR 102207
Reading Time:about 3 minutes
The Securities and Exchange Commission has extended its decision deadline concerning a rule change proposed by the Fixed Income Clearing Corporation (FICC). Originally submitted on June 12, 2024, the proposal involves a trade submission requirement, and comments on it have been received. After a partial amendment by FICC on September 24, 2024, the Commission decided to delay its decision to allow more time for consideration. The new deadline for the decision is set for February 26, 2025.
Simple Explanation
The government group that looks after how money trades are made wants more time to think about a change in the rules for how trades are reported. They now have until the end of February to make a decision.
2025-04236 — Self-Regulatory Organizations; Cboe BZX Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the Bitwise Solana ETF Under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares
March 17, 2025
Type:Notice
Citation:90 FR 12422
Reading Time:about a minute or two
On January 28, 2025, Cboe BZX Exchange, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Solana ETF. The SEC announced that it needs more time to evaluate this proposal and has extended the deadline for its decision from April 4, 2025, to May 19, 2025. This extension aims to give the SEC enough time to consider the proposal and any issues it presents. The proposed rule change was initially published for public comment on February 18, 2025.
Simple Explanation
The Securities and Exchange Commission (SEC) is taking more time to decide if a new fund that uses Solana, a type of digital money, can be bought and sold on a certain stock market. They need extra time to make sure they understand everything about it, so their decision will come later than planned.
2025-03508 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Permit FLEX Trading in the iShares Bitcoin Trust ETF
March 05, 2025
Type:Notice
Citation:90 FR 11334
Reading Time:about a minute or two
Nasdaq PHLX LLC proposed a change to allow FLEX Trading in the iShares Bitcoin Trust ETF, which was filed with the Securities and Exchange Commission (SEC) on December 26, 2024. The SEC originally had 45 days to decide on this proposal, but has chosen to extend this period to allow for more thorough consideration. The new deadline for the SEC to approve, disapprove, or consider disapproval of the rule change is set for April 14, 2025. This decision allows the SEC more time to assess the proposal and any feedback received.
Simple Explanation
The Securities and Exchange Commission (SEC) needs more time to decide if a special type of trading, called FLEX Trading, should be allowed for a fund linked to Bitcoin. They've moved their decision deadline to April 14, 2025, so they can think it over some more and see what people are saying about it.
2025-04232 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To List and Trade Shares of the CoinShares XRP ETF Under Nasdaq Rule 5711(d)
March 17, 2025
Type:Notice
Citation:90 FR 12422
Reading Time:about a minute or two
The Securities and Exchange Commission (SEC) is reviewing a proposal from the Nasdaq Stock Market LLC to list and trade shares of the CoinShares XRP ETF under Nasdaq Rule 5711(d). The rule change was initially filed on February 7, 2025, and published for public comment on February 25, 2025. The SEC has decided to extend the time for its decision to May 26, 2025, in order to allow more time to consider the proposal. This extension means the SEC will decide whether to approve, disapprove, or further investigate the rule change by the new deadline.
Simple Explanation
The SEC is taking more time to think about a new plan by Nasdaq to let people buy and sell shares of a special fund called CoinShares XRP ETF. They will decide what to do by May 26, 2025.
2025-04354 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Permit Orders Comprised of Options and Futures Legs (“Future-Option Orders”)
March 18, 2025
Type:Notice
Citation:90 FR 12629
Reading Time:about 2 minutes
The Securities and Exchange Commission (SEC) is reviewing a proposal by Cboe Exchange, Inc. to allow a new type of order that includes both options and futures, known as "future-option orders." The proposal was initially filed in September 2024 and has undergone various stages of review. The SEC decided to give themselves more time—until June 5, 2025—to make a final decision to approve or disapprove this rule change. This extension allows the SEC to thoroughly consider the proposal and any feedback received.
Simple Explanation
The Securities and Exchange Commission (SEC) is taking a little more time to decide if a new kind of trade that mixes both options and futures is a good idea. They will make up their minds by June 5, 2025, so they can think about it carefully.

Showing 1 to 5 of 5 results