Search Results for citation:"90 FR 12426"

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Search Results: citation:"90 FR 12426"

  • Type:Notice
    Citation:90 FR 12426
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is extending the time to make a decision on a proposed rule change by the Cboe BZX Exchange, Inc. to list and trade shares of the Bitwise XRP ETF. The rule change was initially published for public comment on February 24, 2025, and the SEC has moved the deadline to either approve or disapprove the proposal to May 25, 2025. This extension gives the SEC more time to consider the details and issues related to the proposed rule change.

    Simple Explanation

    The people in charge of rules for buying and selling things on the Cboe BZX Exchange need more time to decide if a special new way to buy and sell something called the Bitwise XRP ETF is okay to use. They moved the deadline from February to May so they can think about it more.

  • Type:Notice
    Citation:90 FR 12426
    Reading Time:about 4 minutes

    The NYSE Chicago, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its Rules 7.31E and 7.37E. This change would allow an optional routing strategy for MPL-IOC Orders. The rule was filed under Section 19(b)(3)(A) and Rule 19b-4(f)(6) of the Securities Exchange Act. The SEC published the proposal to gather public comments and has agreed to let the rule become effective immediately, as it doesn't significantly impact competition or investor protection. Public comments about the rule can be submitted to the SEC by April 7, 2025.

    Simple Explanation

    The NYSE Chicago wants to change some of its rules to let people choose a new way to buy and sell shares very quickly, and the government says it's okay to start using this new way while they listen to what people think about it.