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

The Securities and Exchange Commission (SEC) has approved a new rule proposed by the Financial Industry Regulatory Authority, Inc. (FINRA) known as the FINRA Rule 6500 Series. This rule mandates the reporting and public dissemination of securities lending transaction data through FINRA’s Securities Lending and Transparency Engine (SLATE). The goal of this rule is to improve transparency and efficiency in the securities lending market by collecting and providing access to detailed information about securities loans. The implementation of this rule is set for January 2, 2026, with public disclosure of the data to begin by April 2, 2026.

The New York Stock Exchange (NYSE) has proposed a rule change to give special purpose acquisition companies (SPACs) 15 additional days after completing a business combination to fulfill a specific shareholder requirement. This change aims to address the challenge SPACs face in confirming the number of shareholders due to last-minute decisions by shareholders to sell or keep their shares. The Securities and Exchange Commission (SEC) is considering whether to approve this proposal, expressing concerns about the potential risks of allowing SPACs more time to prove compliance, which might lead to non-compliant companies remaining listed temporarily. The SEC invites public comments while evaluating the proposal's implications on market fairness and investor protection.

The Securities and Exchange Commission (SEC) has received an application from DTCC Data Repository (U.S.) LLC (DDR) to be registered as a Security-Based Swap Data Repository (SDR) and a Securities Information Processor (SIP). DDR intends to handle data for transactions involving equity, credit, and interest rate derivatives. The SEC is seeking public comments on this application to help decide whether to approve it. The application outlines how DDR plans to manage its operations, ensure security, and handle compliance with legal requirements.

The Securities and Exchange Commission (SEC) is reviewing a proposal from the New York Stock Exchange (NYSE) that would require companies to pay all outstanding fees before their compliance plans can be reviewed if they are below listing standards. If fees remain unpaid by a certain deadline, the NYSE could begin suspension and delisting procedures immediately. The SEC is concerned about whether this change is fair, promotes just and equitable trade principles, and protects investors. They are inviting comments from the public to help decide whether the rule should be approved.

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 Department of Veterans Affairs (VA) is establishing a new system of records called the Community Care Provider Profile Management System (PPMS), as required by the Privacy Act of 1974. This system will maintain records of non-VA health care providers participating in VA community care programs. The information stored in this system includes providers' personal and professional details, such as name, contact information, and identification numbers. The VA outlines several routine uses for this information, primarily involving disclosure to appropriate agencies for purposes like verifying provider credentials or responding to legal requests, all while ensuring compliance with privacy laws like HIPAA.

The Federal Trade Commission (FTC) has proposed a consent agreement with Amazon regarding allegations of misappropriated driver tips through its Amazon Flex program. Between late 2016 and August 2019, Amazon allegedly withheld nearly a third of tips that customers intended for drivers, amounting to approximately $61 million, despite claiming to pass 100% of tips to drivers. The agreement requires Amazon to pay back the full amount withheld and prohibits the company from changing its tipping practices without driver consent. The proposal is open for public comments until March 12, 2021, before final approval by the FTC.

The Environmental Protection Agency (EPA) is asking for public comments on draft lists of companies responsible for fees related to evaluating the risks of five chemical substances under the Toxic Substances Control Act (TSCA). These substances are labeled as High-Priority due to potential health or environmental risks. Companies that make or import these chemicals must self-identify to ensure they're correctly listed for fee payments, but they can also claim exemptions or correct errors. The final list, setting out those liable for fees, will be released alongside the risk evaluation's scope documents.

The Securities and Exchange Commission (SEC) is reviewing and seeking public feedback on a proposed rule change by the New York Stock Exchange (NYSE). This proposal aims to amend Rule 7.35C to allow NYSE to facilitate a Trading Halt Auction if a security doesn't reopen by 3:30 p.m. after a market-wide circuit breaker halt, known as an "MWCB Halt." The proposal includes changes such as widening the price range for these reopening auctions and allowing certain market maker interests to remain active. The SEC is also considering whether these changes meet the legal standards to ensure fair and orderly markets and is inviting comments from the public by March 10, 2021.

The Securities and Exchange Commission (SEC) has introduced a new rule to enhance the reliability and integrity of submissions made through its electronic system, EDGAR. This new rule allows the SEC to take specific actions like removing sensitive personal information, blocking submissions that pose cybersecurity threats, and addressing unauthorized use or errors. Additionally, the rule outlines how the SEC will notify filers of these actions. The rule aims to provide clearer guidance on the SEC's administrative processes while maintaining the security and accuracy of information submitted through EDGAR.