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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 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) 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 (SEC) is evaluating a rule change proposed by NYSE Arca to list and trade shares of the Bitwise 10 Crypto Index Fund, which primarily deals with digital currencies like Bitcoin and Ethereum. This fund, operating under proposed NYSE Arca Rule 8.800-E, will not use derivatives, thus minimizing counterparty risks and will only handle digital assets and cash. The SEC will decide on the rule change by either approving, disapproving, or investigating further within a set timeframe. Interested parties are invited to submit their comments on this proposal to the SEC.

Nasdaq Phlx LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow Floor Brokers to use a system called FBMS remotely. This change would permit them to handle certain types of orders without being physically on the Trading Floor, which is especially helpful when open outcry (public bid sharing) is not available. The proposal aims to give greater flexibility in staffing and operations, so business can continue smoothly, even during situations like Trading Floor closures. The SEC invites public comments on this proposal to ensure it aligns with investor protection and market fairness.

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 Securities and Exchange Commission (SEC) has announced a notice concerning applications for deregistration under Section 8(f) of the Investment Company Act of 1940 for November 2024. Several companies have applied for deregistration, seeking orders to no longer be considered investment companies after transferring or liquidating assets. Notable names include Aquila Municipal Trust, BCM Focus Funds, Cohen & Steers Alternative Income Fund, Inc., Cook & Bynum Funds Trust, and GL Beyond Income Fund. These applicants have completed financial transactions and distributions, and expenses were generally covered by the investment advisers of the acquiring or liquidating entities.

The Securities and Exchange Commission (SEC) is requesting public comments on the necessity and efficiency of the information collected through Form N-8A, which investment companies use to register under the Investment Company Act of 1940. This form is critical for the SEC's oversight and involves a modest annual time and cost burden on companies. The commission is particularly interested in opinions on the relevance of the information collected, as well as suggestions for reducing the burden of submission through technology. Comments are open until February 10, 2025.

The Securities and Exchange Commission (SEC) is seeking public comments on its plan to extend the information collection required under Rule 12b-1. This rule allows investment funds to cover costs related to distributing their shares if certain conditions are met. It mandates funds to have a written plan approved by directors and shareholders, and to maintain records for oversight. The rule aims to protect investors by ensuring funds are transparent about their distribution expenses. Comments on the necessity, burden, and improvement of this information collection are invited by March 31, 2025.

NYSE Chicago, Inc. has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to update its fee schedule. The change will establish a fee called CAT Fee 2025-1, which industry members must pay for 2025. This fee will be used to cover some costs of the Consolidated Audit Trail system, with the rate set at $0.000022 per executed equivalent share. The new fee structure, intended to be effective for six months starting in January 2025, replaces a previous fee and aims to cover half of the planned 2025 audit trail expenses.