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Search Results: citation:"90 FR 12371"

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2025-04228 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Pricing Schedule at Options 7, Section 4 To Amend Qualified Contingent Cross Rebates and the Floor Transaction Floor Broker Incentive Program
March 17, 2025
Type:Notice
Citation:90 FR 12371
Reading Time:about 3 minutes
Nasdaq PHLX LLC, an exchange, submitted a rule change to the Securities and Exchange Commission (SEC) to amend its pricing schedule for certain options. The changes involve updating the criteria for Qualified Contingent Cross (QCC) rebates and enhancing the Floor Broker Incentive Program by expanding volume criteria and rebate tiers. The rule is designed to take effect immediately, and the SEC is seeking public comments on whether these changes comply with the Securities Exchange Act of 1934. The public can submit feedback through the SEC's website or via email until April 7, 2025.
Simple Explanation
Nasdaq PHLX wants to change some money-related rules about how people trade certain options. They asked a big organization in charge of trading rules, called the SEC, if they can start using these changes right away, and people can give their thoughts on it by a certain date.
2025-04163 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change, as Modified by Amendment No. 1, To List and Trade Shares of the Grayscale Dogecoin Trust Under NYSE Arca Rule 8.201-E (Commodity-Based Trust Shares)
March 17, 2025
Type:Notice
Citation:90 FR 12371
Reading Time:about 2 minutes
NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Dogecoin Trust under a specific rule for commodity-based trust shares. After filing an amendment to the proposal, the SEC published it for public comments. Initially, the SEC had 45 days to decide on the proposal, but they extended the deadline to May 21, 2025, to allow more time for consideration. This extension is intended to ensure that the SEC can thoroughly assess the proposal and any issues people have raised.
Simple Explanation
Imagine a group wants to sell coins made from a special internet money called Dogecoin, and they want them to be sold like special objects. The big folks in charge need extra time to think about how to do this safely, so they've decided to wait until May 21, 2025, to make their decision.

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