Search Results for citation:"90 FR 10842"

Found 2 results

Search Results: citation:"90 FR 10842"

💰 Only
Oldest Newest
  • 2025-03140 — Submission for OMB Review; Comment Request; Extension: Rules 6a-1 and 6a-2, Form 1
    Type:Notice
    Citation:90 FR 10842
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is requesting approval from the Office of Management and Budget (OMB) to extend the collection of information related to Rules 6a-1 and 6a-2, and Form 1 under the Securities Exchange Act. Rule 6a-1 requires national securities exchanges to file a Form 1 for initial registration or exemption based on limited trading volume. Rule 6a-2 mandates that registered or exempt exchanges update their Form 1 when there are significant changes or periodically, which incurs an annual burden of around 8,030 hours for all respondents. Public comments on this information collection request can be submitted by March 31, 2025, via the identified web address or email.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants to keep checking and updating some forms to make sure that the places where people buy and sell stocks are following the rules. They are asking for people’s thoughts about this until the end of March 2025.

  • 2025-03145 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Modify the NYSE Arca Options Fee Schedule
    Type:Notice
    Citation:90 FR 10842
    Reading Time:about 3 minutes

    NYSE Arca, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to modify its Options Fee Schedule. This proposal aims to adjust the qualification requirements for certain Customer Credit Tiers and a Customer Incentive Program by reducing the necessary average daily volume and excluding sub-dollar securities from being counted. The proposal is effective immediately, as of February 14, 2025, and seeks public comments until March 20, 2025. Interested parties can view the details on both the NYSE and SEC websites.

    Simple Explanation

    NYSE Arca wants to change how much stock people need to buy or sell to get certain rewards, and they're also not counting some very cheap stocks in their numbers. They made this change start right away, but people can still share their thoughts about it until March 20, 2025.