Type:Notice
Citation:90 FR 10106
Reading Time:about 4 minutes
MIAX PEARL, LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) on February 6, 2025. This change would allow the listing and trading of options on the Goldman Sachs Physical Gold ETF and update the names of certain trusts. The change was filed under a rule allowing it to become effective immediately, as it doesn't significantly impact investor protection, public interest, or competition. The SEC invites public comments on this proposal, which they can submit through various methods until March 14, 2025.
Simple Explanation
MIAX PEARL wants to change a rule so that people can buy and sell special bets, called options, on a gold fund from Goldman Sachs. They also want to update some names to make them correct.