Search Results for keywords:"Securities and Exchange Commission"

The U.S. Securities and Exchange Commission (SEC) has extended the time period to decide on a proposed rule change by Cboe BZX Exchange, Inc. This rule change aims to allow the listing and trading of shares of the VanEck Solana Trust under BZX Rule 14.11(e)(4), related to Commodity-Based Trust Shares. Originally, the SEC had until April 4, 2025, to make a decision, but it has now extended the deadline to May 19, 2025, to ensure thorough consideration of the proposal.

The Securities and Exchange Commission is holding a closed meeting on December 19, 2024, at 2:00 p.m. The meeting will take place either remotely or at the Commission's headquarters in Washington, DC. During this closed session, the Commission will discuss topics like legal actions, administrative proceedings, and litigation claims. The General Counsel has confirmed that these matters qualify for consideration in a closed setting according to legal exemptions. Changes to the meeting's details will be updated on the SEC's website.

The Securities and Exchange Commission (SEC) is requesting public comments on the necessity and efficiency of collecting information related to Rule 12g3-2 under the Securities Exchange Act. This rule provides an exemption for foreign private issuers, requiring them to provide information about their securities to the SEC, which is then made available to the public. The SEC estimates that about 1,386 respondents will file roughly 12 submissions each per year, resulting in a total of 16,632 responses. The public is invited to submit comments about this information collection within 60 days of the notice's publication.

The Securities and Exchange Commission is reviewing non-substantive rules proposed by MIAX PEARL, LLC. These proposed changes are intended to clarify and update outdated rules in MIAX Pearl's Rulebook. Key changes include correcting the way certain information is announced, removing references to obsolete mini-options, and updating regulatory citations. The Commission is inviting comments from the public and has allowed these rule changes to be effective immediately, as they do not significantly impact investor protection or market competition.

The Securities and Exchange Commission (SEC) has received a proposal from the Cboe EDGX Exchange, Inc. to amend Rule 2.8, which deals with members wanting to end their membership in the exchange. Under the new rule, members must notify the exchange before a specific deadline if they intend to terminate their membership. The proposal was filed for immediate effectiveness, and the SEC is seeking public comments on this change until March 31, 2025. All comments should reference file number SR-CboeEDGX-2025-014.

The Securities and Exchange Commission (SEC) has made amendments to its rules to modernize and make more efficient the delegation of authority to its staff. These changes involve updating responsibilities and delegating tasks such as updating taxonomies for structured data, managing security-based swap authority, and regulating municipal securities. Additionally, the SEC is eliminating some outdated delegations and shifting responsibilities within its divisions to improve resource management and operational efficiency. Importantly, these adjustments aim to streamline internal operations without significantly affecting the rights of non-agency parties.

The Financial Industry Regulatory Authority, Inc. (FINRA) submitted a proposed rule change to the Securities and Exchange Commission (SEC) on December 20, 2024. This proposal aims to update FINRA Rule 6897(b) to include a new cost recovery fee for the Consolidated Audit Trail (CAT), covering the year 2025. The primary goal of this fee is to allow FINRA to recover a portion of the costs associated with the National Market System Plan governing the CAT. The SEC invites public comments on the rule change and has provided various methods for submission, including online and mail, with a deadline for comments set for January 27, 2025.

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 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.

The Securities and Exchange Commission (SEC) is evaluating a proposed amendment to the National Market System Plan for the Consolidated Audit Trail, which tracks trading activity. This amendment, known as the "Verbal Quotes Amendment," changes how certain verbal and trading activities are reported. Initially published for public comment in August 2024, the SEC has extended its decision deadline to April 17, 2025, to ensure thorough consideration of the proposed changes and any public feedback received.