Changeflow GovPing SEC March 19, 2026
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SEC Denies Stay Request for Adam Scott Kaplan and Daniel Evan Kaplan

The SEC denied a stay request filed by Adam Scott Kaplan and Daniel Evan Kaplan, who were suspended by FINRA for failing to pay an arbitration award. The Commission found the applicants failed to meet the burden for a stay on both substantive and procedural grounds.

Priority review Enforcement Securities
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SEC Commissioner Uyeda Remarks on Capital Markets and Pursuit of Happiness

SEC Commissioner Mark T. Uyeda delivered remarks on March 19, 2026, discussing the historical significance of the 'pursuit of happiness' and its connection to the development of American capital markets. The speech emphasized how capital markets facilitate individual opportunity and the role of regulation in fostering investor confidence.

Routine Notice Securities
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SEC Commissioner Remarks on Regulatory Framework and Technology

SEC Commissioner Paul S. Atkins delivered remarks at SEC Speaks on March 19, 2026, discussing the need for the SEC's regulatory framework to keep pace with market developments and technology. He highlighted outdated rules, such as paper delivery for shareholder communications, and the impact of regulation-by-enforcement on innovation, particularly in digital assets.

Routine Notice Securities
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Nasdaq ISE LLC Proposed Rule Change for Co-Location Services

The SEC has published a notice regarding a proposed rule change by Nasdaq ISE LLC to expand its co-location services. This expansion includes offering new cabinet and power options, specifically a liquid-cooled cabinet, in the Exchange's expanded data center. The SEC is soliciting public comments on this proposal.

Priority review Notice Securities
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Nasdaq MRX LLC Proposed Rule Change to Expand Co-Location Services

The SEC has published a notice regarding a proposed rule change by Nasdaq MRX LLC to expand its co-location services. The expansion includes offering new cabinet and liquid cooling options in the Exchange's expanded data center. The public is invited to comment on this proposal.

Priority review Notice Securities
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Nasdaq Rule Change: Expansion of Co-Location Services

The SEC has published a notice regarding a proposed rule change by The Nasdaq Stock Market LLC to expand its co-location services. The proposal includes offering new cabinet and liquid cooling options in Nasdaq's expanded data center.

Priority review Notice Securities
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Nasdaq GEMX LLC Proposes Rule Change for Co-Location Services

Nasdaq GEMX LLC has filed a proposed rule change with the SEC to expand its co-location services by offering new cabinet and power options, including liquid-cooled cabinets, in its expanded data center. This filing initiates a comment period for interested parties.

Priority review Rule Securities
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Nasdaq Texas LLC Co-Location Services Expansion

Nasdaq Texas LLC has filed a proposed rule change with the SEC to expand its co-location services by offering new cabinet and power options, including liquid-cooled cabinets, in its expanded data center. This notice is to solicit public comments on the proposed expansion.

Routine Notice Securities
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SEC Notice: Nasdaq PHLX LLC Co-Location Services Expansion

The SEC has published a notice regarding a proposed rule change by Nasdaq PHLX LLC to expand its co-location services. The expansion includes offering new cabinet and power options, specifically a liquid-cooled cabinet, in the exchange's expanded data center.

Routine Notice Securities
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SEC Notice: Nasdaq ISE LLC Rule Change for TNO Cross Connect Service

The SEC has published a notice regarding a proposed rule change by Nasdaq ISE LLC to introduce the TNO Cross Connect service. This service will provide telecommunications carrier connectivity within the exchange's data center campus. A separate filing will establish fees for this new service.

Routine Notice Securities
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SEC Notice: Nasdaq GEMX LLC Rule Change for TNO Cross Connect Service

The SEC has published a notice regarding a proposed rule change by Nasdaq GEMX, LLC to introduce a new colocation telecommunications carrier connectivity service called TNO Cross Connect. This service will be offered throughout GEMX's data center campus.

Routine Notice Securities
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SEC Notice: Nasdaq MRX Proposes Colocation Connectivity Service

The SEC has published a notice regarding a proposed rule change by Nasdaq MRX, LLC. The exchange plans to introduce a new colocation telecommunications carrier connectivity service called 'TNO Cross Connect' within its data center campus. A separate filing will establish fees for this service.

Routine Notice Securities
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SEC Notice: Nasdaq Proposed TNO Cross Connect Colocation Service

The SEC has published a notice regarding a proposed rule change by The Nasdaq Stock Market LLC to introduce a new colocation telecommunications carrier connectivity service called TNO Cross Connect. The filing is open for public comment.

Routine Notice Securities
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Cboe EDGA Exchange Rule Change for Fee Waiver

Cboe EDGA Exchange has filed a proposed rule change with the SEC to amend its fee schedule. The change introduces a new fee waiver for eligible Internal Distributors, specifically waiving the Internal Distribution Fee and Non-Display Usage Fee under certain conditions. This filing is effective immediately.

Routine Rule Securities
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Cboe EDGX Exchange Fee Waiver for Internal Distributors

Cboe EDGX Exchange has filed a proposed rule change with the SEC to adopt a new fee waiver for eligible Internal Distributors. This waiver applies to the Internal Distribution Fee and Non-Display Usage Fee under specific conditions, aiming to encourage new market participants.

Routine Rule Securities
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SEC Notice of Nasdaq PHLX LLC Proposed Rule Change for TNO Cross Connect Service

The SEC has published a notice regarding a proposed rule change by Nasdaq PHLX LLC to introduce a new colocation telecommunications carrier connectivity service called TNO Cross Connect. This service will be offered throughout its data center campus.

Routine Notice Securities
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Cboe BZX Exchange Fee Schedule Amendment for Internal Distributors

The SEC has published a notice regarding a proposed rule change by Cboe BZX Exchange, Inc. The exchange seeks to amend its fee schedule to introduce a new fee waiver for eligible internal distributors. This waiver applies to specific fees under certain conditions.

Routine Notice Securities
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Cboe BYX Exchange Proposes Fee Waiver for Internal Distributors

The SEC has published a notice regarding a proposed rule change by Cboe BYX Exchange, Inc. to amend its Fee Schedule. The proposal introduces a new fee waiver for eligible Internal Distributors, specifically waiving the Internal Distribution Fee and Non-Display Usage Fee under certain conditions.

Routine Rule Securities
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SEC Approves Amendment to Consolidated Audit Trail Funding Model

The SEC has approved an amendment to the National Market System Plan for the Consolidated Audit Trail (CAT) to implement a revised funding model. This amendment, known as the Executed Share Model, will establish a new fee schedule for participants contributing to the CAT.

Priority review Rule Securities
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SEC Notice: First Trust Portfolios L.P. and FTP Series Application

The SEC has published a notice regarding an application from First Trust Portfolios L.P. and FTP Series seeking exemptions under the Investment Company Act of 1940. The application requests approval for certain exchange and rollover privileges and modifications to sales charge structures for unit investment trusts.

Priority review Notice Securities
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SEC Notice: Megacorn Fund and Forge Global Advisors LLC Application

The SEC has published a notice regarding an application from Megacorn Fund and Forge Global Advisors LLC. The applicants seek an exemption to allow certain registered closed-end investment companies to issue multiple classes of shares and impose asset-based fees and early withdrawal charges.

Priority review Notice Securities
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SEC Notice: The RBB Fund Trust and M.D. Sass, LLC Application

The SEC has issued a notice regarding an application from The RBB Fund Trust and M.D. Sass, LLC. The application seeks an exemption from certain disclosure requirements and shareholder approval for subadvisory agreements. Interested parties can request a hearing by April 13, 2026.

Priority review Notice Securities
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SEC Seeks Comments on Information Collection Activities

The SEC is seeking public comments on its existing information collection activities related to Rule 17a-2, which requires underwriters to maintain records of stabilizing activities. The agency plans to submit this collection for extension and approval by the OMB.

Priority review Consultation Securities
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SEC Notice: Investment Fund Exemption Application

The SEC has issued a notice regarding an application for exemption filed by Dawson Private Markets Evergreen Fund and Dawson Partners (US) Inc. The applicants seek relief to allow certain closed-end investment companies to issue multiple share classes, impose early withdrawal charges, and implement asset-based distribution and service fees.

Priority review Notice Securities
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SEC Notice: Cboe EDGX Rule Changes on Trading Halts

The SEC has published a notice regarding proposed rule changes by Cboe EDGX Exchange, Inc. concerning trading halts and market volatility. The proposal aims to integrate definitions from the Amended CTA/CQ Plan and reorganize existing rules related to trading halts and circuit breakers.

Priority review Consultation Securities
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SEC Proposes Rule Changes for Cboe EDGA Trading Halts

The SEC has published a proposed rule change from Cboe EDGA Exchange, Inc. concerning trading halts. The proposal aims to integrate definitions from the Amended CTA/CQ Plan and reorganize existing rules to improve clarity and consistency in halt procedures.

Priority review Consultation Securities
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SEC Proposes Amendments to Rule 15c2-11 for Brokers

The SEC has proposed amendments to Rule 15c2-11 concerning the publication or submission of quotations without specified information. This proposal is open for public comment until May 18, 2026.

Priority review Consultation Securities
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SEC Proposes Distribution Plan for FirstEnergy Corp. Penalty

The SEC has proposed a distribution plan for the $100,000,000 penalty paid by FirstEnergy Corp. The plan outlines how the funds will be distributed to investors harmed by the company's violations. Interested parties have 30 days to comment on the proposed plan.

Priority review Enforcement Securities
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SEC Obtains Final Judgment Against Kenneth Welsh for Misappropriating Assets

The SEC announced the final judgment against Kenneth Welsh, a former registered representative and investment adviser representative, for misappropriating at least $2.86 million from client accounts. Welsh agreed to be permanently enjoined from violating securities laws and is liable for disgorgement and prejudgment interest, though payment is satisfied by a restitution order in a parallel criminal case.

Urgent Enforcement Securities