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The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change filed by Nasdaq ISE, LLC. The proposed rule change seeks to increase the position and exercise limits for options on the iShares Bitcoin Trust ETF (IBIT) from 25,000 to 250,000 contracts. The reason behind this proposal is to align the limits with the current market capitalization and average daily volume, which demonstrate sufficient liquidity to handle increased limits. The proposed rule change aims to enhance liquidity and market competition while ensuring that adequate surveillance measures are in place to prevent manipulation and protect investors.

The Securities and Exchange Commission is considering applications from several investment companies seeking to deregister under the Investment Company Act of 1940 as they have stopped operations. These companies have either distributed their assets or transferred them to other funds, with some incurring liquidation or reorganization expenses, often covered by investment advisers or related parties. Various applications were filed or amended in 2020 and 2021, with the companies seeking orders to cease being recognized as investment companies. Some entities, like American Independence Funds Trust and Boston Income Portfolio, have requested official deregistration following the liquidation of their assets.

The Securities and Exchange Commission (SEC) has published a notice about a proposed rule change by Cboe EDGA Exchange, Inc., intended to align their compliance rule regarding the Consolidated Audit Trail (CAT) with an exemption granted by the SEC. This rule change focuses on the reporting of allocation processes, where brokers perform allocations to client accounts, and the conditions under which certain brokers are exempt from this requirement. The new rules aim to reduce the reporting burden on brokers and streamline the process by making sure only brokers who have sufficient information report these allocations. Additionally, the exchange plans to add more details to allocation reports, like trade and settlement dates, to ensure comprehensive reporting that aids in regulatory oversight.

The Depository Trust Company (DTC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce new fees for its Money Market Instrument Program (MMI Program). This change aims to amend the DTC Fee Schedule to add new charges for adjustments in MMI processing that require manual intervention due to errors or late reconciliation by participants. The goal is to motivate participants to input accurate data and make timely adjustments to avoid additional settlement and operational risks. The proposed fees are tiered based on the type and risk level of the required adjustment, ranging from $2,000 to $10,000 per CUSIP.

The Cboe BZX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its fee schedule for the "Consolidated Audit Trail Funding Fees," setting the new fee rate at $0.000022 per executed equivalent share. This change was filed under Section 19(b)(1) of the Securities Exchange Act of 1934, and the Exchange has designated the proposal for immediate effectiveness. The SEC is inviting comments from the public on this proposal. Comments can be submitted online or by mail, but they must refer to the specific file number SR-CboeBZX-2024-130 and be sent by January 27, 2025.

The Securities and Exchange Commission (SEC) is seeking approval from the Office of Management and Budget (OMB) to extend a rule requiring national securities exchanges to provide certain information. This rule, known as Rule 6a-3, involves exchanges reporting on the types of materials they distribute and monthly trading activity. With 26 exchanges involved, the SEC estimates a total annual reporting time of 156 hours. The public is encouraged to provide feedback on this information collection by March 31, 2025, through a designated website or email.

The Long-Term Stock Exchange, Inc. (LTSE) submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule. This change aims to modify the rebates for transactions involving securities priced at $1.00 or more per share that add liquidity to the exchange. The proposal was filed on February 28, 2025, and LTSE intends for the amendments to take effect immediately as of March 3, 2025. The SEC is seeking comments from the public regarding this change and has provided instructions for submitting feedback.

The Securities and Exchange Commission (SEC) has approved a proposed rule change allowing the NYSE Arca to list and trade shares of the Bitwise Bitcoin and Ethereum ETF under a specific rule for Commodity-Based Trust Shares. This ETF will hold both bitcoin and ether based on their market capitalizations, aiming to provide exposure to these cryptocurrencies while covering operational expenses. The SEC's approval was granted on an accelerated basis after the exchange modified its proposal to ensure transparency and fair trading practices, aligning it with other similar exchange-traded products. The public is invited to submit comments on the proposal until February 26, 2025.

The Securities and Exchange Commission (SEC) published a notice of a proposed rule change by MIAX PEARL, LLC, which operates an equities trading platform. This change involves updating their fee schedule to add more information regarding rebates for retail orders. This update is intended to clarify the rebates customers will receive when they make trades that add liquidity to the exchange. The proposal does not change the fees or rebates but aims to make the fee schedule easier to understand for users, ensuring transparency and reducing confusion.

The Securities and Exchange Commission (SEC) received a notice from The Nasdaq Stock Market LLC about a proposed rule change related to the ALPS Active REIT ETF, allowing it to list and trade shares under Nasdaq Rule 5750. This rule pertains to the trading of Proxy Portfolio Shares, a type of actively managed exchange-traded fund (ETF) whose portfolio details are disclosed after a delay to protect against market manipulation. Nasdaq emphasizes the importance of maintaining transparency and compliance with regulations while ensuring that all necessary information about the fund and its trading is accessible to both regulators and investors. The SEC is seeking public comments on this proposal within a specified time frame.