Search Results for keywords:"Securities and Exchange Commission"

Nasdaq PHLX LLC has filed a proposal with the Securities and Exchange Commission to eliminate its Market Data Revenue (MDR) Rebate Program. This program was designed to increase market activity by offering financial incentives for displaying orders on the exchange, but it hasn't been successful in attracting enough activity. The program's complexity, combined with its limited financial benefits, makes it challenging to maintain, leading to the decision to discontinue it. The Securities and Exchange Commission invites public comments on this proposed change, suggesting that Nasdaq PHLX operates in a competitive market where participants can choose to trade elsewhere if dissatisfied with the changes.

The Securities and Exchange Commission has announced a proposed rule change filed by NYSE Arca, Inc. This change allows the listing and trading of options on the iShares Ethereum Trust ETF and the Fidelity Ethereum Fund, which are both related to Ethereum, a cryptocurrency. The move is intended to offer investors more ways to trade and hedge against Ethereum price changes, and the options will be traded under strict guidelines to ensure market stability and investor protection. The SEC is inviting public comments on these proposed changes.

MIAX Emerald, LLC has proposed a new rule change to update its fee schedule. This change includes introducing new fees for accessing its system ports and increasing network connectivity fees for certain high-speed connections. The goal is to cover increased costs related to enhanced network transparency, reliability, and capacity, ensuring a high level of service for users who move substantial amounts of data through the exchange. The Securities and Exchange Commission is sharing this notice to invite public comments on the proposed changes.

The Securities and Exchange Commission published a notice about a proposed rule change by the Cboe EDGA Exchange to increase the monthly fee for 10 Gb physical ports from $7,500 to $8,500. The exchange believes the increase is reasonable due to inflation since 2018, investments made to enhance technology, and because the new fee is still competitive compared to other exchanges. The proposed rule change is aimed at maintaining and improving the exchange's services and infrastructure. Feedback from the public is invited, and all comments will be reviewed by the Commission.

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change by NYSE National, Inc. to amend its schedule of fees and rebates for co-location services. The exchange wants to add two new Partial Cabinet Solution (PCS) bundles, Options E and F, which offer enhanced 40 Gb connections compared to the previous 10 Gb options. This addition aims to attract smaller users who might benefit from a 40 Gb option without needing a full cabinet. The SEC is inviting public comments on this proposal, and users who purchase these new options by December 31, 2021, will receive a discount for the first year.

The Miami International Securities Exchange LLC (MIAX Options) has proposed changes to its fee schedule to extend the waiver for certain non-transaction fees applicable to Market Makers trading solely in Proprietary Products, including options on the SPIKES Index, until March 31, 2021. The fees waived include Membership Application fees, Trading Permit fees, API Testing and Certification fees, and MEI Port fees. The aim of these waivers is to encourage Market Makers to trade these Proprietary Products, thereby increasing market liquidity. The Securities and Exchange Commission (SEC) has published this notice to solicit comments from the public on this proposed rule change.

The Securities and Exchange Commission (SEC) approved changes proposed by ICE Clear Credit LLC (ICC) to its Treasury Operations Policies and Procedures. These changes aim to improve the clarity and accuracy of the Treasury Policy by adding details, correcting errors, and aligning it with current practices. Key revisions include new criteria for settlement banks to provide liquidity information and updates to investment guidelines for better flexibility and security. These amendments are designed to enhance the efficiency and safeguarding of financial transactions handled by ICC.

The Cboe BZX Exchange, Inc. has proposed a new rule to the Securities and Exchange Commission (SEC) to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f), which governs Trust Issued Receipts. This Trust aims to provide returns through distributions of current income by investing in diverse consumer and small business loans and other related assets. It will maintain a portion of its investments in liquid assets to manage redemptions efficiently. The Exchange claims that this rule change will enhance competition in the market to benefit investors.

Cboe C2 Exchange, Inc. has proposed changes to its Fees Schedule, which the Securities and Exchange Commission (SEC) is considering. The changes aim to adjust various transaction fees and rebates for trades involving AAPL, QQQ, IWM, and SLV. These modifications are designed to make transactions more competitive and encourage liquidity by offering different fees and incentives compared to other exchanges. The SEC is inviting public comments on the proposed changes to ensure they align with market regulations and investor interests.

The document is a notice from the Securities and Exchange Commission about the Cboe BZX Exchange's proposed rule change to list and trade shares of the Franklin Crypto Index ETF. This ETF is part of the Franklin Crypto Trust and will include both bitcoin and ether. The notice outlines the proposed rule change, its purpose, and the safeguards in place to prevent fraud and manipulation. The public is invited to comment on this proposal by January 16, 2025.