Search Results for keywords:"Securities and Exchange Commission (SEC)"

The Securities and Exchange Commission (SEC) is considering whether to approve or reject a proposed rule change by NYSE Arca, Inc. This proposal aims to replace the current Discretionary Pegged Order (DPO) with a new Selective Midpoint (SeMi) Order, which uses machine learning to determine market instability and adapt trading patterns accordingly. Additionally, the SeMi Orders can be designed to provide liquidity under certain conditions, a feature not available with DPOs. The SEC has opened a period for public comments to help assess if the proposal aligns with relevant financial regulations and fair trading practices.

Cboe BZX Exchange, Inc. has proposed a rule change to increase the entry fee for exchange-traded products (ETPs) to $10,000 per ETP. This proposed change was filed with the Securities and Exchange Commission (SEC) and is designated for immediate effectiveness. The SEC is seeking comments from the public on whether this rule change is consistent with the Securities Exchange Act of 1934. Interested parties can submit their comments online or by mail before March 21, 2025.

The Nasdaq Stock Market LLC has filed a proposed rule change to raise fees for specific port types in its Options Market rules, specifically the Specialized Quote Feed (SQF) Ports and SQF Purge Ports. The rule change was submitted with the Securities and Exchange Commission (SEC) on December 20, 2024, and has been classified for immediate effect, with the rule to be operational starting January 1, 2025. The SEC is inviting public comments on this proposal, which can be submitted via its website or by mail. The proposal aims to adjust Nasdaq’s port pricing and has been discussed in detail on both Nasdaq and SEC websites.