Search Results for keywords:"Securities Exchange Act of 1934"

The Securities and Exchange Commission (SEC) published a notice to adjust civil monetary penalties for inflation as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. These adjustments apply to penalties under the Securities Act, the Exchange Act, the Investment Company Act, and part of the Sarbanes-Oxley Act. The new amounts were calculated using a percentage change between the Consumer Price Index for October 2023 and October 2024 and will be effective from January 15, 2025. This update ensures penalties keep pace with inflation and remain effective deterrents.

The Securities and Exchange Commission (SEC) has received a proposal from Cboe Exchange, Inc. to amend certain rules, allowing them to list and trade options on three Ethereum-based ETFs: the Grayscale Ethereum Trust ETF, Grayscale Ethereum Mini Trust ETF, and Bitwise Ethereum ETF. The proposal includes changes to rules about the criteria for underlying securities, as well as position and exercise limits for these options, which are based on the number of shares and trading volume. The goal is to provide investors with a new tool for managing risks associated with investments in Ethereum. The SEC is seeking public comments on this proposal to consider its compliance with the Securities Exchange Act of 1934.

The Securities and Exchange Commission (SEC) has adopted technical amendments to fix various errors in rules and forms under the Securities Act of 1933 and the Securities Exchange Act of 1934. These changes aim to correct typographical mistakes and outdated references in the existing regulations. The updated guidelines aim to ensure the accuracy and currency of legal references and cross-references in SEC regulations and forms. These amendments will take effect on February 18, 2025.

The Financial Industry Regulatory Authority, Inc. (FINRA) has proposed a new rule to update fees under FINRA Rule 6897 related to the National Market System Plan's Consolidated Audit Trail for 2025. The updated fee, termed "CAT Fee 2025-1," will be $0.000022 per executed equivalent share. This fee adjustment aims to cover approximately half of the planned costs for 2025 and will replace the existing fee rate of $0.000035. The rule change is effective immediately and seeks public comments on its consistency with the Securities Exchange Act of 1934.

The Securities and Exchange Commission (SEC) is seeking public comments on the information collection requirements set forth in Rule 6a-3 under the Securities Exchange Act of 1934. This rule mandates national securities exchanges to provide the SEC with certain information, such as reports and materials issued to exchange members. The SEC estimates that these exchanges collectively spend 156 hours annually fulfilling these requirements. Comments are welcomed on the necessity and usefulness of the rule, estimated burdens, and potential improvements, and must be submitted by February 18, 2025.