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The Cboe Exchange, Inc. has proposed a rule change to allow the listing and trading of index options with a smaller index multiplier of one, known as "micro-options." This change aims to make it easier for retail investors to access the market by providing lower-priced options, reflecting 1/100th of the value of current index options. The micro-options are designed to expand investor choices by allowing more precise hedging strategies, especially for smaller investments. The Securities and Exchange Commission (SEC) is inviting public comments on this proposal to evaluate its impact and ensure it aligns with the rules of the Securities Exchange Act of 1934.

The Securities and Exchange Commission (SEC) announced that Nasdaq PHLX LLC has proposed a new rule to allow the listing and trading of options based on 1/100th of the Nasdaq-100 Index, known as Nasdaq 100 Micro Index Options (XND). These micro options are designed to offer more affordable opportunities for retail investors interested in trading options on the Nasdaq-100 Index. Similar to existing options, XND options will be European-style and cash-settled, but will require less capital, making them more accessible. The SEC is soliciting public comments on this proposed rule change before making a final decision.

The Occupational Safety and Health Administration (OSHA) is asking the public for feedback on extending the approval from the Office of Management and Budget (OMB) for collecting information related to the safety standards for special dipping and coating operations. They are focused on ensuring that the data collection helps reduce work-related injuries and deaths while being easy for businesses to manage. Feedback must be submitted by May 12, 2025, and can be given through the Federal eRulemaking Portal. OSHA is particularly interested in insights on the necessity, accuracy, and impact of these information collection requirements.

The NYSE National, Inc. has proposed a rule change to update its Schedule of Fees and Rebates to encourage more liquidity-providing and liquidity-removing orders to its exchange. The proposal introduces alternative qualification criteria for adding and removing tiers, aiming to incentivize ETP Holders with better execution opportunities. The changes reflect the competitive nature of the equity trading market where participants can select from multiple exchanges. No significant issues are expected for ETP Holders complying with the proposed adjustments, which are intended for implementation from February 1, 2021.

The Securities and Exchange Commission (SEC) announced that LCH SA, a clearing agency, has proposed changes to its CDSClear fee grid for commercial air conditioning and heating equipment. The adjustments include increasing the annual fixed fee for General Members and altering fees for both General and Select Members under different conditions. Additionally, LCH SA introduces new fee structures for Options clearing services, aiming to make options clearing more attractive and equitable for all parties involved. The SEC invites comments from the public on these proposed changes.

The Options Clearing Corporation (OCC) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to adjust fees related to contracts. They wanted to increase the per contract clearing fee from $0.02 to $0.025 and remove a $55 flat fee for large transactions. This proposal was originally filed on December 19, 2024, and opened for public comment, but on February 14, 2025, the OCC decided to withdraw the proposal. The withdrawal was officially communicated by Sherry R. Haywood, the Assistant Secretary of the SEC.

The Department of Defense (DoD) has proposed a new rule to modify a system of records called the "Defense Sexual Assault Incident Database," which is intended to collect data related to sexual assault cases involving members of the Armed Forces. The rule seeks to exempt certain records within this database from parts of the Privacy Act to allow for better handling of legal actions or investigations without interference. The rule also invites the public to submit comments before it becomes final, and it explains that it won't significantly affect small businesses or impose compliance costs on state, local, or Tribal governments. The proposal is primarily focused on maintaining the privacy and integrity of ongoing investigations and ensuring a streamlined process for handling reports of sexual assault.

The U.S. Office of Personnel Management (OPM) has issued a final rule to remove regulations related to the Federal Executive Boards (FEBs), as directed by an Executive Order from 2025 aimed at reducing federal bureaucracy. The FEBs, originally established by President Kennedy to improve government efficiency outside Washington, DC, have officially ceased operations. Property and personnel linked to the FEBs have been reallocated or notified of new procedures. The rule is effective immediately and complies with various legal requirements, although no public input was needed due to the direct presidential directive.

The Federal Motor Carrier Safety Administration (FMCSA) proposed a rule change to allow individuals with vision impairments in one eye to operate commercial motor vehicles without needing an exemption. Currently, these individuals need an exemption to drive interstate. The new rule suggests using a standard that includes a road test instead of requiring three years of intrastate driving experience. This change aims to simplify the qualification process and improve employment opportunities for drivers while maintaining safety standards.

The Department of Justice has implemented a final rule to define the functions of the Office of the Executive Secretariat as a distinct part of the department. This Office, created in August 2023, will manage the review and approval of important documents and correspondence within the department and ensure they are processed efficiently. The rule is categorized as a change in agency organization and management, exempting it from typical procedures like prior notice or public comment. It does not have significant regulatory or economic impacts on small entities, states, or federalism.