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Search Results: citation:"90 FR 9176"

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2025-02329 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of a Proposed Rule Change To Amend Section 302.00 of the NYSE Listed Company Manual To Exempt Closed-End Funds Registered Under the Investment Company Act of 1940 From the Requirement To Hold Annual Shareholder Meetings
February 07, 2025
Type:Notice
Citation:90 FR 9176
Reading Time:about 2 minutes
The New York Stock Exchange (NYSE) proposed a rule change to the Securities and Exchange Commission (SEC) to exempt closed-end funds from holding annual shareholder meetings. This rule alteration was initially filed on June 21, 2024, and published for public comment on July 9, 2024. However, on January 31, 2025, the NYSE decided to withdraw this proposed rule change. The SEC had been considering whether to approve or disapprove the proposal before its withdrawal.
Simple Explanation
The New York Stock Exchange thought about letting some special kinds of funds skip their yearly meetings, but then they changed their mind and decided not to ask for that change anymore.
2025-02324 — Self-Regulatory Organizations; Nasdaq BX, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Options 3, Section 13 Concerning PRISM and Options 3, Section 15(b)(1) Concerning the Risk Protection Acceptable Trade Range
February 07, 2025
Type:Notice
Citation:90 FR 9176
Reading Time:about 3 minutes
Nasdaq BX, Inc. has proposed a rule change relating to options trading that was officially filed with the Securities and Exchange Commission (SEC) on January 28, 2025. This proposal seeks to adjust the handling of responses in their Price Improvement Auction (PRISM) and clarify the Acceptable Trade Range rules. The SEC has made this notice public to gather comments and feedback on whether the changes comply with existing laws. People interested in sharing their views can submit their comments by February 28, 2025.
Simple Explanation
Nasdaq BX wants to change some rules about how they sell things called options, like making sure they're the right price and how people can offer better deals. They asked the government for permission and want people to say what they think by the end of February 2025.

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