Search Results for citation:"90 FR 8313"

Found 2 results
Skip to main content

Search Results: citation:"90 FR 8313"

  • Type:Notice
    Citation:90 FR 8313
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is asking for comments on the information collection related to Regulation FD, which requires public companies to share important information with all investors equally. This regulation aims to prevent selective disclosure, ensuring that material information is available to everyone at the same time. The SEC estimates that roughly 7,196 companies each make five such disclosures annually, resulting in 19,274 responses and about 96,370 total hours of effort. They are seeking feedback by March 31, 2025, on whether the collection is useful, if their time estimates are correct, and how the process might be improved or made less burdensome.

    Simple Explanation

    The SEC wants to make sure that when companies share important news, everyone hears it at the same time. They're asking people to help them figure out if they're doing this in the best way, by sharing thoughts and ideas by March 31, 2025.

  • Type:Notice
    Citation:90 FR 8313
    Reading Time:about 3 minutes

    Cboe Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to allow Trading Permit Holders (TPHs) to opt out of the automatic adjustment of the Automated Improvement Mechanism (AIM) auction price if it is outside the National Best Bid and Offer (NBBO) when received by the Exchange's system. This proposal is intended to take effect immediately. The SEC is seeking public comments on this proposed rule change, which can be submitted electronically or via mail by February 18, 2025. All comments will be publicly available on the SEC's website.

    Simple Explanation

    Cboe Exchange wants to change a rule so that certain traders can choose not to automatically change a trading price if it's different from the best price available at the time. People can tell the SEC what they think about this change until February 18, 2025.