Search Results for keywords:"Securities Exchange Act"

The Securities and Exchange Commission (SEC) has requested an extension from the Office of Management and Budget (OMB) for the ongoing collection of information under Rule 15c1-7, a provision of the Securities Exchange Act. This rule requires broker-dealers to keep records of transactions made with discretion over customer accounts to avoid fraudulent or deceptive practices. The SEC estimates the rule affects 362 broker-dealers, totaling around 400,000 transactions annually, with each record taking about five minutes to complete. Public comments on this request can be submitted through the website reginfo.gov or via email.

The Securities and Exchange Commission (SEC) has received a proposed rule change from Nasdaq MRX, LLC to introduce fees for Industry Members associated with the Consolidated Audit Trail (CAT) costs for 2025. This change is designed for immediate effectiveness, and the SEC is inviting public comments on whether the change aligns with the Securities Exchange Act. Comments can be submitted electronically or by mail until February 13, 2025. The proposal and supporting documents are available for public viewing on the SEC and Nasdaq websites.

Nasdaq BX, Inc. proposed a rule change to allow participants to use the Financial Information eXchange (FIX) protocol to submit orders to its Price Improvement Auction mechanism. This proposal was filed with the Securities and Exchange Commission (SEC) on October 27, 2020, and published for public comment on November 16, 2020. The SEC has decided to extend the review period for the proposed rule change until February 14, 2021, to have more time to consider the proposal and decide whether to approve or disapprove it. There were no public comments received about this proposal during the comment period.

Cboe EDGA Exchange, Inc. is proposing a change to its Rule 2.8, which involves the voluntary termination of rights by its members. This proposal, effective immediately, requires members who wish to give up their membership to notify the Exchange by a deadline specified by the Exchange and in a manner that the Exchange prescribes. The Securities and Exchange Commission is inviting public comments on this proposed rule change, and feedback should be submitted by March 31, 2025. The proposal, along with supporting details, can be reviewed on both the Exchange's and Commission's websites.

The Securities and Exchange Commission (SEC) is reviewing a proposal from the Nasdaq Stock Market LLC to list and trade shares of the CoinShares XRP ETF under Nasdaq Rule 5711(d). The rule change was initially filed on February 7, 2025, and published for public comment on February 25, 2025. The SEC has decided to extend the time for its decision to May 26, 2025, in order to allow more time to consider the proposal. This extension means the SEC will decide whether to approve, disapprove, or further investigate the rule change by the new deadline.

The Securities and Exchange Commission published a notice regarding a proposed rule change by the NYSE American LLC. The change involves increasing the Exchange’s port fees and removing the open outcry port fee discount, effective March 3, 2025. The SEC invites public comments on this proposal, which can be submitted online or by mailing to a specific address. All feedback must be submitted by April 4, 2025.

Nasdaq PHLX LLC has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce fees for its expanded co-location services. The rule change takes immediate effect, as allowed under specific provisions of the Securities Exchange Act. The SEC seeks public comments on this proposal, encouraging people to submit their views, data, and arguments concerning it. This feedback can be submitted through the SEC’s website or by mail, with all comments publicly accessible online.