Search Results for agency_names:"Investment Company Act Release No. 35487

The Department of Justice has proposed a Consent Decree to resolve a lawsuit against Meyer Distributing, Inc. for allegedly violating the Clean Air Act. Meyer is accused of selling over 600 types of devices that interfere with vehicle emission controls. As part of the settlement, Meyer is required to pay a $7.4 million penalty, comply with the Clean Air Act, and undertake actions to offset the emissions their devices contributed to. The public can comment on this proposal until 30 days after the notice's publication date.

The Department of Defense is notifying the public about a proposed arms sale to the Government of Egypt. This sale includes 20 Sniper Advanced Targeting Pods and associated equipment, with a total estimated cost of $65.6 million. The proposed sale aims to enhance Egypt's ability to conduct precision targeting for its military operations, improving security for a strategic partner in the Middle East. The sale will not disrupt the military balance in the region and will not require additional U.S. representatives in Egypt.

The Securities and Exchange Commission (SEC) has published a notice about proposed changes to the NYSE Chicago, Inc. rules to allow listing and trading of certain Exchange-Traded Products (ETPs). These changes align NYSE Chicago rules with those of NYSE Arca, aiming for consistency and facilitating competition in ETP listings. The new rules are designed to enhance transparency and clarity in exchange rules while ensuring comprehensive oversight through existing surveillance measures. Interested parties are invited to submit their comments on these proposals to the SEC.

Nasdaq PHLX LLC has submitted a proposal to increase fees related to its Specialized Quote Feed (SQF) Ports and SQF Purge Ports by 10%, effective January 1, 2025. This increase aims to help the Exchange maintain and enhance its market technology infrastructure. The company argues that it hasn't raised these fees since the mid-2010s, while inflation and the costs of improving services have increased. The proposal invites interested individuals to send comments or concerns to the Securities and Exchange Commission within the stipulated period.

The Federal Trade Commission (FTC) is updating the thresholds related to interlocking directorates as required by a 1990 amendment to section 8 of the Clayton Act. This section generally prevents a person from serving as a director or officer for two competing companies if certain financial thresholds are met. For 2025, the new thresholds are $51,380,000 for larger companies and $5,138,000 for smaller ones, reflecting changes in the gross national product. These thresholds will apply immediately.

Cboe BZX Exchange, Inc. has filed a proposal with the Securities and Exchange Commission to change its rules to allow listing options on certain Bitcoin ETFs, such as the iShares Bitcoin Trust and the Grayscale Bitcoin Trust. The primary goal is to give investors a way to trade options tied to Bitcoin prices through a regulated exchange, which can be more transparent and secure than over-the-counter markets. These options will have a position limit of 25,000 contracts to prevent market manipulation, and the proposal includes provisions for initial and continued listing standards. The SEC is inviting public comments on this proposal.

The Securities and Exchange Commission (SEC) has approved a rule change proposed by BOX Exchange LLC that allows the trading of options on the iShares Bitcoin ETF. This decision follows a similar proposal approved for Nasdaq ISE. The rule, effective immediately, establishes new position and exercise limits for these options, set at 25,000 contracts. This move is intended to provide investors with a cost-effective method to gain exposure to Bitcoin through a familiar public securities market. Additionally, BOX Exchange updated its rules to reflect the current names of certain trust funds.

The Securities and Exchange Commission (SEC) has announced that the Cboe BZX Exchange, Inc. has proposed a rule change to list and trade shares of the Bitwise XRP ETF under its Commodity-Based Trust Shares rules. The ETF aims to track the performance of XRP, a digital asset used for fast and low-cost cross-border payments. The proposal is designed to prevent fraud and manipulation while protecting investors, mirroring previous approvals for similar ETFs based on Bitcoin and Ethereum. The SEC is currently seeking public comments on this proposal before deciding on its approval.

The Securities and Exchange Commission has published a notice regarding a proposed rule change submitted by NYSE Arca, Inc. This change involves updating the fee schedule by eliminating charges and credits related to Self Trade Prevention Modifiers and Market Data Revenue Sharing Credits, as both have become obsolete. The proposal is intended to streamline the fee schedule for clarity and does not introduce any new fees. The SEC invites public comments on this proposal, encouraging interested individuals to submit their opinions by February 16, 2021.

The Environmental Protection Agency (EPA) is proposing to approve a revision to New York's State Implementation Plan (SIP) for ozone air quality standards, specifically for the Lehigh Cement Company in Glens Falls, New York. This revision involves implementing controls for nitrogen oxide (NOX) emissions from a cement kiln, requiring them to use Reasonably Available Control Technology (RACT). The proposed regulations are part of efforts to meet ozone standards and follow a nationwide consent decree. The EPA determined that this plan would not interfere with National Ambient Air Quality Standards (NAAQS) or other requirements of the Clean Air Act.