Search Results for keywords:"market transparency"

The Securities and Exchange Commission (SEC) received a proposed rule change from the Cboe EDGX Exchange, Inc., which the Exchange has already deemed non-controversial. The proposal aims to allow listing options on the iShares Ethereum Trust, enabling investors to trade these options in a more regulated environment compared to over-the-counter exchanges. The proposal outlines how these options will be managed and supervised, ensuring that they adhere to existing trading rules and limits. Overall, this move is seen as beneficial for investors, providing more opportunities to trade Ethereum-related options while ensuring market transparency and oversight.

The Federal Trade Commission (FTC) is asking for public comments about proposed information requests aimed at large Single-Family Rental (SFR) owner operators, known as mega investors, who own over 1,000 rental properties. These requests are intended to help the FTC study the impact of such large investors on housing competition, prices, and their influence on local markets. The FTC plans to gather data about these companies' business models, property holdings, and pricing strategies, with the goal of increasing market transparency and possibly informing future regulatory actions. Public comments will be considered before the FTC requests approval from the Office of Management and Budget to proceed with this data collection.

The Securities and Exchange Commission (SEC) is proposing a new exemptive order that would allow broker-dealers to publish quotations for certain securities without meeting existing information review and recordkeeping requirements. This proposal aims to create an "expert market" for sophisticated investors, such as institutional buyers and accredited investors, who can assess investment risks without public information. The order suggests that only these sophisticated investors have access to the market, and it sets out conditions to ensure the quotes remain out of reach for the general public, thus protecting less savvy investors from potential fraud. The SEC is seeking feedback on this proposed change, inviting comments until February 11, 2021.

The Investors Exchange LLC (IEX) has proposed a rule change to include DEEP+ data in its HIST Data Product. DEEP+ is a new real-time data product that provides detailed information on individual displayed orders and execution data, while HIST offers historical data. The initiative aims to increase transparency by adding DEEP+ data to HIST without altering existing rule language. The Securities and Exchange Commission has identified the proposal as non-controversial and, waiving the 30-day waiting period, allowed it to be effective from December 9, 2024.

The Securities and Exchange Commission has approved the application of 24X National Exchange LLC to register as a national securities exchange. 24X plans to operate an automated trading platform for trading listed stocks during extended hours, including overnight sessions on weekdays. The exchange will be supported by technology from MEMX Technologies and will use FINRA for certain regulatory functions. To protect investors, 24X must join several national market system plans and implement enhancements like customer risk disclosures before commencing operations.

The Securities and Exchange Commission has published a notice about a proposed rule change by MEMX LLC to list and trade options on two Bitcoin exchange-traded funds (ETFs): the Fidelity Wise Origin Bitcoin Fund and the ARK 21Shares Bitcoin ETF. This rule change aims to amend Exchange Rule 19.3 to allow trading options on these Bitcoin Funds. The plan is seen as competitive, following similar moves by another exchange, Cboe. MEMX believes that offering these options will provide investors with a lower-cost way to invest in Bitcoin, increase market transparency, and improve price discovery on the exchange.

The Securities and Exchange Commission (SEC) has announced a proposal from BOX Exchange LLC to change their rules, enabling the listing and trading of options on the Fidelity Ethereum Fund. The proposed rule change aims to enhance market transparency and provide investors with additional hedging strategies and lower-cost investment options related to Ethereum. These proposed options would follow similar procedures as those for existing options on Bitcoin or precious-metal exchange-traded products, with specific limitations set on contract positions to ensure market stability and prevent manipulation. The SEC is seeking public comments on this proposal and has provided details on how to submit feedback.

The Securities and Exchange Commission (SEC) has published a notice about a rule change by the MIAX PEARL, LLC Exchange. This proposed change would allow the exchange to list and trade options on the Fidelity Ethereum Fund. These options let investors engage with Ethereum without directly buying the cryptocurrency. The proposal aims to offer another trading venue for these options to enhance market transparency and liquidity, in a manner similar to what is already available for options on ETFs tied to other commodities.

The Securities and Exchange Commission (SEC) announced that the Cboe BZX Exchange, Inc. proposed a rule change to list options on the Fidelity Ethereum Fund. This proposal aims to allow trading of options that would make it easier and cheaper for investors to gain exposure to Ethereum, a popular cryptocurrency, without the complexities of dealing directly with the underlying asset. The Exchange argues that this will promote transparency and enhance market competition by moving such trading from the over-the-counter market to a regulated environment. The proposed options would have certain size limits to prevent market manipulation, and the SEC is inviting public comments on this proposal before making a final decision.

The Securities and Exchange Commission (SEC) has received a proposal from BOX Exchange LLC to amend Rule 5055 to allow for cash settlement of certain customized FLEX Equity Options where the underlying security is an Exchange-Traded Fund (ETF). This amendment aims to broaden investment options and potentially shift some over-the-counter market trading onto the exchange. To ensure stability, the cash settlement will only apply to ETFs that meet specific liquidity criteria. The SEC has waived the typical 30-day waiting period for the rule to take effect, citing that similar proposals have already been approved for other exchanges.