Search Results for keywords:"review period extension"

The New York Stock Exchange LLC proposed a rule change to the Securities and Exchange Commission (SEC). This rule change aims to prohibit member organizations from seeking reimbursement from issuers for sending proxy and other materials to certain beneficial owners who received shares for free or at a reduced price through a broker's promotion. The proposal was initially published in the Federal Register on December 18, 2020. The SEC has decided to extend the period for reviewing this proposal to March 18, 2021, in order to allow more time to consider the feedback received and make an informed decision.

The Securities and Exchange Commission is considering a rule change proposal by the Cboe BZX Exchange, Inc. to list and trade shares of the BondBloxx Private Credit Trust under its specified rules. This proposal was initially published on December 30, 2024, and the SEC received no public comments on it. The SEC has extended its review period, now deciding the proposal's fate by March 30, 2025, instead of the original February deadline, to allow for more comprehensive consideration.

On October 15, 2024, NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to introduce a new rule for listing and trading investment interests based on commodities and digital assets, as well as shares of the Grayscale Digital Large Cap Fund LLC. The SEC has decided to extend its review period beyond the initial 45-day window ending on December 19, 2024, to ensure it has adequate time to assess the proposal. The final decision will be announced by February 2, 2025. No comments on the proposal have been received from the public.

The Nasdaq Stock Market LLC submitted a proposal to the Securities and Exchange Commission (SEC) to change the rules for listing and trading the shares of the iShares Bitcoin Trust, allowing for in-kind creations and redemptions. After an amendment was added on February 4, 2025, the SEC decided to extend their review period to have more time to consider this proposal and any related issues. They have set a new deadline of May 13, 2025, to decide whether to approve, disapprove, or further investigate the proposed rule change. This extension gives the SEC more time to ensure they thoroughly evaluate the implications of the rule modification.

On January 24, 2025, the Cboe EDGX Exchange proposed a rule change to list options on the Fidelity Ethereum Fund, which was later amended and published on February 13, 2025. The Securities and Exchange Commission (SEC) did not receive any comments on the proposal. According to the Securities Exchange Act, the SEC has a set period to approve or disapprove such changes, which is normally 45 days. However, the SEC has decided to extend this timeframe to May 14, 2025, in order to allow more time to consider the proposal.

In August 2024, Cboe Exchange proposed a rule change to the Securities and Exchange Commission (SEC) to allow the trading of options on an Ethereum-based product called the Fidelity Ethereum Fund. After reviewing the proposal and receiving comments, the SEC extended its review period to ensure ample time for consideration, setting a deadline of May 2, 2025, to make a decision on whether to approve or disapprove the rule change. The proposal had already been adjusted through an amendment to focus only on the Fidelity Ethereum Fund, limiting the scope and setting specific trading rules for the options.

The Securities and Exchange Commission (SEC) has announced an extension of the review period for a rule change proposed by Cboe Exchange, Inc. The proposed rule seeks to amend Cboe's regulations regarding the minimum increments for electronic bids and offers and exercise prices of certain FLEX options. It also aims to clarify how the system ranks these bids and offers for allocation purposes. The SEC has set March 4, 2021, as the new deadline by which they will either approve, deny, or begin proceedings to potentially reject the proposed rule change.

NYSE Arca, Inc. submitted a request to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Solana Trust. They made an amendment to their proposal, and as a result, the SEC is extending its review period due to the complexity of the issues involved. The new deadline for the SEC to make a decision on whether to approve or disapprove the proposal is set for May 13, 2025. This extension will allow the SEC additional time to consider the details of the proposed changes.

The Securities and Exchange Commission (SEC) was notified by the Cboe BZX Exchange, Inc. about a proposed rule change to list and trade shares of the 21Shares Core XRP Trust under a specific rule related to Commodity-Based Trust Shares. An amended version of this proposal was published in the Federal Register on February 21, 2025. Initially, the SEC had 45 days to decide on this proposal, but it has chosen to extend the review period to May 22, 2025, to allow for a more thorough consideration of the proposed changes and any issues that arise. This extension gives the SEC extra time to decide whether to approve or reject the proposal.

NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) on November 30, 2020, to list and trade shares of the Stance Equity ESG Large Cap Core ETF. This proposed change was initially published in the Federal Register on December 21, 2020, and the SEC had until February 4, 2021, to make a decision. However, the SEC has decided to extend the review period until March 21, 2021, to allow for more time to evaluate the proposal. The SEC is doing this to ensure they have enough time to make an informed decision on whether to approve or disapprove the rule change.