Search Results for agency_names:"Securities and Exchange Commission"

The Cboe BZX Exchange, Inc., Cboe EDGX Exchange, Inc., Cboe Exchange, Inc., and Cboe C2 Exchange, Inc. filed a proposal with the Securities and Exchange Commission to introduce the Cboe Timestamping Service, which is a type of market data service. This proposal was filed on December 13, 2024, under the provisions of the Securities Exchange Act of 1934, and it became effective immediately upon filing. However, the exchanges decided to withdraw their proposed rule changes on January 10, 2025. This decision was recorded by Sherry R. Haywood, the Assistant Secretary, on behalf of the Commission.

The New York Stock Exchange LLC (NYSE) has proposed a rule change to amend its Connectivity Fee Schedule and market data fees to reflect the renaming of NYSE Chicago, Inc. to NYSE Texas, Inc. This proposal was filed with the Securities and Exchange Commission (SEC) on February 27, 2025, and is set for immediate effectiveness, meaning it will become operative immediately to align with the corresponding name change filing. The SEC is inviting public comments on this proposal by April 8, 2025, and the proposed rule change is considered not to have a significant impact on investor protection, public interest, or competition.

MIAX Emerald, LLC proposed a new fee for market participants who want a dedicated connection to access its testing systems. This proposal was filed with the Securities and Exchange Commission (SEC) and is immediately effective but open to public comments until April 8, 2025. Details about the proposed fee and its purpose, including how it fits within the regulatory framework, can be found on MIAX Emerald's and the SEC's websites. The SEC invites public feedback through various submission methods and will post all comments online.

The Securities and Exchange Commission (SEC) has announced a proposed rule change submitted by The Options Clearing Corporation (OCC) to manage risks from intraday and overnight trading activity. This amendment, known as Amendment No. 3, introduces a new Intraday Risk Charge aimed at mitigating risks associated with rapidly fluctuating intraday trading volumes, particularly "zero-days-to-expiration" options. The rule aims to ensure that OCC's current risk management practices cover such trading activities and includes monitoring thresholds for issuing margin calls. The changes are designed to align with recent SEC rules and industry feedback, with implementation planned for September 2025. The SEC is seeking public comments on these proposed changes.

The Securities and Exchange Commission issued a notice in the Federal Register on December 27, 2024, addressing a typographical error in a previous document related to the Submission for OMB Review concerning Regulation BTR. The correction specifies that the erroneous reference to a URL in the document should be updated with the correct one. This correction was officially dated December 30, 2024, and is filed under FR Doc. 2024-31577.

On January 24, 2025, NYSE Arca filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Grayscale Solana Trust, which deals with Solana cryptocurrency, under specific trading rules. This proposal aims to institute a new way for people to securely invest in Solana via a regulated exchange. The Grayscale Solana Trust, governed by a sponsor and custodian, is structured to prevent fraud and ensure fair pricing. The SEC is currently reviewing the proposal and seeking public comments to evaluate its compliance with regulations designed to protect investors and maintain market integrity.

The Nasdaq Stock Market LLC has proposed a change to its rules concerning data feeds used for handling, routing, and executing stock orders. They plan to use direct feeds from MIAX PEARL, LLC and MEMX LLC as their primary sources for market data, with CQS/UQDF as a secondary source if needed. This change aims to enhance transparency and support a fair and open market by clearly showing where Nasdaq gets its quotation data. The proposed rule change is intended to be implemented within 90 days of its effective date, and the Securities and Exchange Commission is open to public comments on this proposal until March 15, 2021.

Cboe BZX Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its fee schedule for its equity options platform, known as BZX Options. The Exchange aims to adjust its Market Maker Penny Add Volume Tiers, which offer varying rebates to incentivize members based on their trading activity. The proposal introduces a new tier designed to encourage increased participation from Lead Market Makers by offering enhanced rebates for meeting specific trading volume criteria. This strategy is part of Cboe BZX's efforts to remain competitive in a market where participants have numerous alternatives for directing their trading orders.

NYSE American LLC has filed a proposed rule change with the Securities and Exchange Commission to set up fees for industry members linked to the Consolidated Audit Trail (CAT) costs for 2025. The fee, known as CAT Fee 2025-1, will be $0.000022 per executed equivalent share and will replace the existing higher fee. These fees aim to cover about half of the planned CAT costs for the year. The proposal is available on the SEC website, and comments from the public are invited.

The Securities and Exchange Commission had a closed meeting scheduled for February 16, 2021, at 5:00 p.m. This meeting has been cancelled. The previous announcement about this meeting appeared in the Federal Register on February 3, 2021. For more information, interested parties should contact Vanessa A. Countryman from the Office of the Secretary.