Search Results for citation:"90 FR 18720"

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Search Results: citation:"90 FR 18720"

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  • 2025-07502 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of Longer Period for Commission Action To Determine Whether To Approve or Disapprove a Proposed Rule Change To Allow Certain Expiring A.M.-Settled Index Options To Trade During the Global Trading Hours Trading Session Immediately Preceding the Expiration Date
    Type:Notice
    Citation:90 FR 18720
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is considering a proposed rule change filed by Cboe Exchange, Inc. This rule change would allow certain A.M.-settled index options to be traded during the Global Trading Hours on the day before they expire. The SEC has decided to extend the timeframe for deciding whether to approve or disapprove this rule change to June 15, 2025, to allow for more time to consider its implications.

    Simple Explanation

    The SEC is deciding whether to let some special trading options be available for trading a bit longer, right before they expire, and they've given themselves more time to think about it until June 15, 2025.

  • 2025-07548 — Proposed Collection; Comment Request; Extension: Rule 206(4)-2
    Type:Notice
    Citation:90 FR 18720
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on its plan to continue collecting information under Rule 206(4)-2. This rule ensures that investment advisers, who handle clients' money or assets, do so properly by using qualified custodians like banks or brokers. Advisers are required to notify clients about where their assets are kept and ensure account statements are sent out quarterly. Some advisers might be exempt from certain rules if specific conditions are met, like being audited by an independent accountant. Feedback is requested by June 30, 2025, to improve the process and reduce the burden of this information collection.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants people's thoughts on a rule that says money helpers who manage other people's cash must use safe places like banks to keep it, and tell their clients where it is, sending them a note every three months. The SEC wants ideas on how to make this easier and less of a hassle, and you can share thoughts until the end of June 2025.