Search Results for keywords:"Securities Exchange Act of 1934"

The Securities and Exchange Commission is considering a proposal by The Nasdaq Stock Market LLC to list and trade shares of the CoinShares XRP ETF under Nasdaq Rule 5711(d). This proposed rule change would allow the exchange to offer a new exchange-traded fund (ETF) that is designed to track the performance of the digital asset XRP. The ETF aims to provide investors an easy and cost-effective way to gain exposure to XRP without directly investing in the cryptocurrency itself. The SEC is seeking public comments on whether this proposal aligns with the rules and regulations set out by the Securities Exchange Act of 1934.

The Long-Term Stock Exchange, Inc. has filed a proposed rule change with the Securities and Exchange Commission to modify its fee schedule for transactions involving stocks priced under $1.00, known as "Sub-Dollar Securities." This change, submitted on December 27, 2024, is intended to take effect immediately and became operational starting December 12, 2024. The SEC is inviting public comments on this proposed rule change by February 6, 2025. More details on the proposal can be found on both the Exchange’s and SEC’s websites.

The Cboe EDGA Exchange, Inc. has proposed a rule change to amend its fee schedule to include fees for Dedicated Cores, and this proposal was filed with the Securities and Exchange Commission (SEC) on January 24, 2025. This filing is in accordance with Section 19(b)(1) of the Securities Exchange Act of 1934 and is designed to take effect immediately. The SEC is asking for public comments on this proposal, and various methods are provided for submitting these comments until February 28, 2025. Comments can be shared via an online form, email, or mail, reminding contributors to avoid including any personal identifiable information they do not want made public.

The Securities and Exchange Commission published a notice regarding a proposed rule change filed by NYSE Chicago, Inc. on March 3, 2025. This change involves increasing the fees for ports used by the exchange. The proposal has been made effective immediately, and the Commission is inviting public comments on whether this change aligns with the Securities Exchange Act of 1934. Comments can be submitted through the Commission's website or by mail and must include the file number SR-NYSECHX-2025-02.

The Cboe C2 Exchange, Inc. has proposed a change to increase the monthly fee for 10 Gb physical connection ports from $7,500 to $8,500. This change is intended to help maintain and enhance their market technology and services and is still competitively priced compared to other exchanges. The proposed fee adjustment is justified by inflation and significant technological upgrades made by the Exchange since the current fee was set in 2018, which has improved the speed and capacity of their services. The proposal is filed under the regulations of the Securities Exchange Act of 1934, and public comments are invited on this change.

The New York Stock Exchange LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) on March 5, 2025, to amend Rules 7.31 and 7.37. The proposed changes aim to introduce an optional routing strategy for MPL-IOC Orders, which are a type of order on the exchange. The SEC is inviting public comments on whether this proposed change aligns with the Securities Exchange Act of 1934 and has set a deadline for submissions by April 7, 2025. Comments can be submitted via an internet form or email, and all submissions will be available for public viewing on the SEC's website.

The Securities and Exchange Commission (SEC) is seeking public comments on the continuation of an information collection process involving Form 8-A. This form is used by companies to register a class of securities with the SEC, as required by the Securities Exchange Act of 1934. The SEC estimates that about 1,052 forms are filed annually, each taking approximately 3 hours to complete, resulting in a total annual burden of 3,156 hours. Public comments on this information collection are invited before May 9, 2025, to ensure it remains efficient and useful.

The NYSE American LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) on March 3, 2025. This change involves increasing port fees and removing outdated language from their Price List. The proposal is immediately effective, but the SEC is seeking comments from the public on whether the change aligns with the Securities Exchange Act of 1934. Comments can be submitted online or by mail until April 4, 2025.

Nasdaq GEMX, LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend its Pricing Schedule at Options 7, Section 3. The proposed updates include removing specific rebates and fees for Penny and Non-Penny Symbols, adjusting market maker and customer fees, and revising qualification criteria for tier thresholds. The SEC is inviting public comments on this proposal, and individuals can submit their feedback either online or through email by April 8, 2025. The proposed changes are intended to take effect immediately under the guidelines of the Securities Exchange Act.

In August 2024, Cboe Exchange proposed a rule change to the Securities and Exchange Commission (SEC) to allow the trading of options on an Ethereum-based product called the Fidelity Ethereum Fund. After reviewing the proposal and receiving comments, the SEC extended its review period to ensure ample time for consideration, setting a deadline of May 2, 2025, to make a decision on whether to approve or disapprove the rule change. The proposal had already been adjusted through an amendment to focus only on the Fidelity Ethereum Fund, limiting the scope and setting specific trading rules for the options.