Search Results for keywords:"Nasdaq Rule 5750"

The Nasdaq Stock Market LLC has submitted a proposed rule change to the Securities and Exchange Commission to list and trade the Hennessy Stance ESG ETF under Nasdaq Rule 5750. This ETF was previously traded on NYSE Arca and the change involves switching to Nasdaq's set of rules. The proposed change includes implementing surveillance and monitoring systems to ensure compliance with federal securities laws. The rule filing has been made effective immediately, as it does not significantly impact investor protection or competition.

The Securities and Exchange Commission (SEC) received a notice from The Nasdaq Stock Market LLC about a proposed rule change related to the ALPS Active REIT ETF, allowing it to list and trade shares under Nasdaq Rule 5750. This rule pertains to the trading of Proxy Portfolio Shares, a type of actively managed exchange-traded fund (ETF) whose portfolio details are disclosed after a delay to protect against market manipulation. Nasdaq emphasizes the importance of maintaining transparency and compliance with regulations while ensuring that all necessary information about the fund and its trading is accessible to both regulators and investors. The SEC is seeking public comments on this proposal within a specified time frame.