Search Results for keywords:"remote access"

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Search Results: keywords:"remote access"

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  • 2025-03424 — Sunshine Act Meetings
    Type:Notice
    Citation:90 FR 11081
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is holding a public meeting of its Investor Advisory Committee on Thursday, March 6, 2025, at 10:00 a.m. (ET). This meeting will be both in-person at their headquarters in Washington, DC, and available online. The meeting will cover topics like artificial intelligence's impact on operations, retail investor fraud in America, and recommendations about investor claims under the Securities Act of 1933. People are invited to submit their written statements before March 5, 2025, using the file number 265-28.

    Simple Explanation

    The SEC is having a big meeting on March 6, 2025, where they will talk about important things like how robots (artificial intelligence) help them do their work, and how to stop people from tricking others with money. People can watch online or go to the meeting, and they can send thoughts in writing, too.

  • 2020-29131 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Add Commentary .07 to Rule 7.35A To Provide That, for a Temporary Period, the Exchange Will Permit DMMs Limited-Entry to the Trading Floor or Remote Access to Floor-Based System for Certain Auctions
    Type:Notice
    Citation:86 FR 335
    Reading Time:about 15 minutes

    The New York Stock Exchange (NYSE) filed a temporary rule change with the Securities and Exchange Commission (SEC) to accommodate Designated Market Makers (DMMs) due to COVID-19 restrictions. The change allows DMMs limited access to the trading floor or remote access to NYSE systems until either the trading floor fully reopens or April 30, 2021. This adjustment is meant to support efficient trading during significant pricing events like a corporate action or a Direct Listing Auction, ensuring fair and orderly markets despite the temporary closure of the physical trading floor. These measures are intended to maintain transparency and allow issuers to continue listing via Direct Listings while operations are remote.

    Simple Explanation

    The New York Stock Exchange is letting special traders called Designated Market Makers do their work from home or have a little bit of time on the trading floor because of COVID-19. This change is temporary, just to make sure everything runs smoothly until things get back to normal or until the end of April 2021.

  • 2021-01129 — Self-Regulatory Organizations; Nasdaq Phlx LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify Phlx Options 8, Section 28, “Responsibilities of Floor Brokers” and Section 30, “Crossing, Facilitation and Solicited Orders”
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    Type:Notice
    Citation:86 FR 6389
    Reading Time:about 24 minutes

    Nasdaq Phlx LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow Floor Brokers to use a system called FBMS remotely. This change would permit them to handle certain types of orders without being physically on the Trading Floor, which is especially helpful when open outcry (public bid sharing) is not available. The proposal aims to give greater flexibility in staffing and operations, so business can continue smoothly, even during situations like Trading Floor closures. The SEC invites public comments on this proposal to ensure it aligns with investor protection and market fairness.

    Simple Explanation

    Nasdaq wants to let some brokers work from home using a special computer system, so they can still do their jobs even if the place they usually work is closed. The SEC is asking people if they like this idea or have any concerns.