Search Results for citation:"90 FR 16896"

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Search Results: citation:"90 FR 16896"

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  • 2025-06858 — Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 1.1, Reinstate Article 16, Rules 1 Through 4 and Relocate Them
    Type:Notice
    Citation:90 FR 16896
    Reading Time:about 35 minutes

    The Securities and Exchange Commission has announced a proposed rule change by NYSE Texas, Inc., which aims to amend and reinstate certain rules regarding the roles and obligations of Market Makers. This change will harmonize NYSE Texas's rules with those of its affiliated exchanges, enhancing market quality and liquidity. The proposed amendments include updates to existing definitions, the registration process for Market Makers, and the performance standards they must meet. This effort is designed to promote consistency and competition across exchanges, benefiting overall market functionality.

    Simple Explanation

    The NYSE Texas wants to change some of its rules to make sure that the people who help buy and sell stocks, called Market Makers, follow the same rules as other stock exchanges. This is to help make buying and selling stocks smoother and better for everybody.

  • 2025-06889 — HPS Corporate Lending Fund, et al.
    Type:Notice
    Citation:90 FR 16896
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has issued a notice regarding an application from several applicants, including HPS Advisors, LLC and related funds, for an exemption from certain sections of the Investment Company Act of 1940. The exemption would allow these registered closed-end investment companies, which are regulated as business development companies, to issue different classes of shares with various sales loads and fees. A decision on granting the requested exemption will be made unless a hearing is requested by May 12, 2025. Interested parties can request a hearing by contacting the SEC or the applicants.

    Simple Explanation

    The SEC is thinking about letting some companies sell different types of stock with various extra fees, and people have until May 12, 2025, to tell the SEC if they want a hearing to discuss it.