Search Results for keywords:"proposed rule change"

The Securities and Exchange Commission (SEC) is reviewing a proposed rule change submitted by the Cboe BZX Exchange, Inc.. This proposal seeks to allow closed-end management investment companies that are registered under the Investment Company Act of 1940 to bypass the annual meeting of shareholders, as required by Exchange Rule 14.10(f). The SEC initially designated a longer period for decision-making to ensure they thoroughly evaluate the proposal and any comments received. They have now extended the deadline to either approve or disapprove this change to March 12, 2025, providing more time for consideration.

The Miami International Securities Exchange, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its fee schedule. The change is to introduce a new fee for market participants who want to use a direct connection to the Exchange's testing systems. This proposal was filed on January 14, 2025, and is immediately effective. The SEC is inviting comments from the public on this proposed change until February 21, 2025.

The New York Stock Exchange LLC has filed a proposed rule change with the Securities and Exchange Commission to increase port fees starting March 3, 2025. This change has been marked for immediate effectiveness. The public is invited to submit comments on this proposal by April 4, 2025, using the Commission's internet comment form or by email. All comments will be available on the SEC's website.

Investors Exchange LLC (IEX) has filed a proposed rule change with the Securities and Exchange Commission, effective immediately, to amend its fee schedule for certain sub-dollar orders. The change revises the fee for an order that routes to and removes liquidity from another exchange at a price under $1.00. Instead of charging the cost imposed by the away exchange plus $0.0001 per share, IEX will now charge this cost plus 0.02% of the total dollar value of the execution. Comments on the proposal are invited to be submitted to the Commission by February 6, 2025.

Nasdaq GEMX, LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to establish new fees for its expanded co-location services. The filing was made effective immediately, and the SEC is seeking public comments on this proposal. Interested parties can submit their comments through the SEC's website or via email, ensuring that they mention the file number SR-GEMX-2025-04 in their correspondence. The deadline for comments is February 18, 2025.

NYSE American LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to allow Flexible Exchange (FLEX) options on shares of the Grayscale Bitcoin Trust. This proposal was published on December 27, 2024, but received no public comments. The SEC, needing more time to evaluate the proposal, has extended the decision deadline to March 27, 2025. By this date, the SEC will decide whether to approve, disapprove, or begin proceedings to possibly disapprove the proposed rule change.

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 National Securities Clearing Corporation (NSCC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to modify its rules concerning the receipt of securities from its Continuous Net Settlement (CNS) system. This change aims to improve the clarity of NSCC's rules regarding CNS long allocations. The SEC has published a notice to gather public comments on this proposal. Comments can be submitted online or by mail by January 29, 2025.

NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Teucrium Water Fund under a specific NYSE Arca rule. This proposal was published on December 14, 2020, and as of now, the SEC has not received any public comments. Originally, the SEC had 45 days to make a decision, which would have been by January 28, 2021. However, the SEC has extended the deadline to March 14, 2021, to allow more time to consider the proposal.

The Nasdaq Stock Market LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) to update details regarding service providers and the basket size for the Hashdex Nasdaq Crypto Index US ETF. This rule change is intended to align with the Trust’s registration statement and does not significantly impact investor protection or competition. The SEC waived the usual 30-day delay, allowing the new rule to take effect immediately. Public comments can be submitted online or by mail, and the deadline for commenting is February 25, 2025.