Search Results for citation:"90 FR 11081"

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Search Results: citation:"90 FR 11081"

  • Type:Notice
    Citation:90 FR 11081
    Reading Time:about 13 minutes

    The Securities and Exchange Commission (SEC) has released a notice about a proposed rule change by NYSE Arca for the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF. The proposed change aims to allow the Trusts to stake ether, a type of cryptocurrency, to earn rewards. This proposal responds to the update in Ethereum's network from a proof-of-work to a proof-of-stake consensus mechanism, which is more energy-efficient. The SEC is inviting public comments on whether this change complies with securities regulations and serves the best interests of the investors and the market.

    Simple Explanation

    The Securities and Exchange Commission (SEC) is thinking about letting some big groups use a special kind of money called ether (like a digital coin) in a new way called "staking," which helps them earn more coins. They want to see if this idea is good for everyone and are asking people what they think.

  • Type:Notice
    Citation:90 FR 11081
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is holding a public meeting of its Investor Advisory Committee on Thursday, March 6, 2025, at 10:00 a.m. (ET). This meeting will be both in-person at their headquarters in Washington, DC, and available online. The meeting will cover topics like artificial intelligence's impact on operations, retail investor fraud in America, and recommendations about investor claims under the Securities Act of 1933. People are invited to submit their written statements before March 5, 2025, using the file number 265-28.

    Simple Explanation

    The SEC is having a big meeting on March 6, 2025, where they will talk about important things like how robots (artificial intelligence) help them do their work, and how to stop people from tricking others with money. People can watch online or go to the meeting, and they can send thoughts in writing, too.