Search Results for keywords:"financial regulation"

The Cboe EDGX Exchange, Inc. has proposed changes to its fee schedule concerning Dedicated Cores and filed these changes with the Securities and Exchange Commission (SEC) for immediate effect. This notice, published to gather feedback, invites people to share their opinions on whether the proposed changes align with relevant laws. Comments can be submitted online or by mail to the SEC. The final decision regarding the approval or disapproval of the proposal will be taken by the Commission based on the feedback received by February 28, 2025.

NYSE Arca, Inc. submitted a proposed rule change to the Securities and Exchange Commission (SEC) on November 30, 2020, to list and trade shares of the Stance Equity ESG Large Cap Core ETF. This proposed change was initially published in the Federal Register on December 21, 2020, and the SEC had until February 4, 2021, to make a decision. However, the SEC has decided to extend the review period until March 21, 2021, to allow for more time to evaluate the proposal. The SEC is doing this to ensure they have enough time to make an informed decision on whether to approve or disapprove the rule change.

The Securities and Exchange Commission is considering a proposed rule change by Cboe BZX Exchange, Inc. This proposal aims to allow the exchange to list and trade options on specific Ethereum-backed Exchange-Traded Funds (ETFs) such as the Grayscale Ethereum Trust ETF and the Bitwise Ethereum ETF. The change is designed to offer investors a new way to gain exposure to the price movements of Ethereum while ensuring adherence to existing trading rules. The Commission intends to seek public comments on the proposal to ensure that it meets regulatory standards before deciding on its approval.

The NCUA Board has issued a final rule amending regulations for corporate credit unions. This rule clarifies that corporate credit unions are allowed to purchase subordinated debt instruments from natural person credit unions and outlines how these investments will be treated in terms of capital. The rule aims to balance providing flexibility for these transactions while minimizing systemic risk to the credit union system by requiring such debt instruments to be deducted from Tier 1 capital. This amendment takes effect on January 1, 2022.

The Securities and Exchange Commission is reviewing a proposed rule change from Cboe BYX Exchange, Inc. This change would allow users to use match trade prevention when they enter periodic auction orders on the exchange. The Commission has decided to extend the decision deadline to February 16, 2025, to have enough time to consider the proposal, which includes modifications made in Amendment No. 1. This extension ensures the Commission can make a well-informed decision on whether to approve or disapprove the rule change.

The Securities and Exchange Commission (SEC) is requesting an extension of approval from the Office of Management and Budget (OMB) for a rule relating to money market funds. This rule, called Rule 22e-3, permits these funds to suspend redemptions temporarily to allow for an orderly liquidation. According to the SEC, the process of notifying them about such suspensions has a minimal time requirement, estimated at one hour annually at a cost of $511. Public comments on this request are encouraged and should be submitted by April 3, 2025.

The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares in banks or bank holding companies. These applications are being reviewed based on specified factors from the Act. Public information about these applications can be accessed at Federal Reserve Banks and the Board of Governors' offices or requested online. Comments from the public are welcomed, provided they are submitted by January 21, 2021, to the appropriate authorities.

Nasdaq BX, Inc. proposed a rule change to allow participants to use the Financial Information eXchange (FIX) protocol to submit orders to its Price Improvement Auction mechanism. This proposal was filed with the Securities and Exchange Commission (SEC) on October 27, 2020, and published for public comment on November 16, 2020. The SEC has decided to extend the review period for the proposed rule change until February 14, 2021, to have more time to consider the proposal and decide whether to approve or disapprove it. There were no public comments received about this proposal during the comment period.

The Securities and Exchange Commission (SEC) announced that The Nasdaq Stock Market LLC has filed a proposed rule change to increase the fees for their Specialized Quote Feed (SQF) Ports and SQF Purge Ports by 10%. These ports are used by Market Makers to send quotes to the exchange, and the increase aims to adjust for inflation and maintain the quality and security of the exchange's technology. Nasdaq cites investments in technology upgrades as a reason for the fee increase, which intends to better align pricing with improvements in service quality. The new fees will be effective from January 1, 2025, and the SEC is seeking public comments on this proposed rule change.

The Consumer Financial Protection Bureau (CFPB) is seeking public comments on their request to extend the existing information collection related to the Electronic Fund Transfer Act (Regulation E). This rule ensures that consumers receive clear information about electronic fund transfers and their rights. People have until May 9, 2025, to share their opinions. This effort is meant to evaluate whether the information collection is necessary and how it can be improved while minimizing the burden on respondents.