Search Results for citation:"86 FR 6687"

Found 3 results

Search Results: citation:"86 FR 6687"

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  • 2021-01530 — Sunshine Act Meetings
    Type:Notice
    Citation:86 FR 6687
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is holding a closed meeting on Wednesday, January 27, 2021, at 2:00 p.m. This meeting will occur either remotely or at the SEC's headquarters in Washington, DC. During the meeting, they will discuss topics such as the institution and settlement of injunctive actions, administrative proceedings, litigation claims, and other enforcement matters. The meeting is closed to the public, and any changes to the schedule will be posted on the SEC's website. For more information, Vanessa A. Countryman in the Office of the Secretary can be contacted.

    Simple Explanation

    The SEC is having a private meeting where they talk about important things related to rules, but nobody except SEC people can join in or know exactly what it's about. They have a secret chat to make sure they're handling things right and will let people know if anything changes.

  • 2021-01390 — Income Tax Review
    Type:Notice
    Citation:86 FR 6687
    Reading Time:about a minute or two

    The Postal Regulatory Commission has released a notice regarding a recent filing by the Postal Service about the calculation of the assumed Federal income tax on competitive product income for the fiscal year 2020. The Commission has invited the public to comment on this filing by March 5, 2021, and set up Docket No. T2021-1 to review the submissions. The public can submit comments electronically through the Commission's website. Additionally, Jennaca D. Upperman has been designated as the Public Representative in this review process.

    Simple Explanation

    The Postal Service is telling people how they figured out the taxes they need to pay for some of their money-making activities, and they're asking everyone to say what they think about it before March 5, 2021.

  • 2021-01402 — Self-Regulatory Organizations: Investors Exchange LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the Way It Handles Odd Lot Orders by Allowing Them To Be Displayed Orders and To Aggregate To Form a Protected Quotation
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    Type:Notice
    Citation:86 FR 6687
    Reading Time:about 43 minutes

    The Investors Exchange LLC (IEX) has proposed a new rule to allow odd lot orders (orders for less than 100 shares) to be displayed and to aggregate them to form a protected quotation. This change aims to make odd lot orders visible, giving them higher execution priority and aligning IEX's rules with other securities exchanges. The proposal is considered non-controversial and does not foresee any significant impact on competition or investor protections. The rule intends to increase liquidity and enhance price discovery on the exchange, benefiting all market participants.

    Simple Explanation

    The IEX, which is a stock exchange, wants to change the way small orders are shown so they can join together to make a bigger order that gets more attention, helping everyone see prices better and trade more easily.