Changeflow GovPing SEC March 25, 2026
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SEC Extends Decision Issuance Time for Jason Lynn DiPaola

The SEC has extended the decision issuance time by 90 days for the disciplinary action against Jason Lynn DiPaola, originally taken by FINRA. The new deadline for the Commission's decision is June 22, 2026.

Routine Enforcement Securities
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SEC Extends Decision Period in FINRA Disciplinary Action Review

The SEC has extended the decision period by 90 days in the administrative proceeding concerning Christopher Peter Tranchina's review of disciplinary action taken by FINRA. The new deadline for issuing a decision is June 22, 2026. This extension is discretionary and does not alter the substance of the case.

Routine Enforcement Securities
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SEC Extends Decision Deadline for Norman Thorn Robertson Case

The SEC has extended the deadline for issuing a decision in the administrative proceeding against Norman Thorn Robertson by 90 days. The new deadline for the decision is June 22, 2026. This action pertains to a review of action taken by FINRA.

Routine Enforcement Securities
SEC AI at the SEC
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SEC Creates AI Task Force Led by Valerie Szczepanik

The SEC has established an agency-wide Artificial Intelligence (AI) Task Force, led by Chief AI Officer Valerie Szczepanik. The task force aims to enhance innovation and efficiency across the agency through the responsible integration of AI technologies.

Routine Notice Financial Services
SEC AI at the SEC
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SEC AI Use Cases Inventory

The SEC has published an inventory of its AI use cases, detailing commercial examples and agency adoption. The inventory lists 20 distinct AI applications, with 12 marked as currently in use by the agency, ranging from meeting transcription to code generation and cybersecurity.

Routine Notice Cybersecurity
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NYSE American LLC Listing Standards Rule Change Review Extended

The SEC has extended the review period for a proposed rule change by NYSE American LLC regarding initial listing standards. This notice designates a longer period for the Commission to take action on the proposed rule change, indicating ongoing review.

Priority review Notice Securities
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Nasdaq GEMX - Proposed Rule Change to Amend Minimum Increments

The SEC has published a notice regarding a proposed rule change by Nasdaq GEMX, LLC, to amend its minimum price variations (MPVs) for equity securities. This filing is effective immediately upon filing.

Priority review Notice Securities
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SEC Extends Nasdaq Bitcoin Options Rule Change Action Period

The Securities and Exchange Commission (SEC) has extended the period for reviewing a proposed rule change by Nasdaq PHLX LLC regarding Bitcoin index options. This notice designates a longer period for the Commission to issue an order approving or disapproving the proposed rule change.

Priority review Notice Securities
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SEC: Fixed Income Clearing Corp Bond Haircut Model Enhancements

The SEC has published a notice regarding a proposed rule change by the Fixed Income Clearing Corporation (FICC) concerning the implementation timeframe for enhancements to its correlation calculation for bond haircut models. This notice details the immediate effectiveness of the filing, indicating a move towards updated risk management practices within the fixed income clearing space.

Priority review Notice Securities
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SEC Approves Amended Plan for Regulatory Responsibilities

The SEC has approved an amended plan for the allocation of regulatory responsibilities under Rule 17d-2. This notice details the order approving and declaring effective the amended plan between the Financial Industry Regulatory Authority, Inc., MEMX LLC, and MX2 LLC.

Routine Notice Securities
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SEC Notice: ETF Series Trust, et al.

The SEC published a notice regarding the ETF Series Trust, et al. The notice includes details about the application filing dates and references Investment Company Act Release No. 36028. This document is an unofficial prototype of the Federal Register.

Routine Notice Securities
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SEC Notice of Application for Savvly Fund #3 and Savvly Advisor LLC

The Securities and Exchange Commission (SEC) has issued a notice regarding an application filed by Savvly Fund #3 and Savvly Advisor LLC. The notice provides details of the application and its filing dates.

Routine Notice Securities
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MEMX LLC seeks temporary exemptive relief from SEC Regulation NMS rules

The SEC has published a notice regarding an application from MEMX LLC seeking temporary exemptive relief from certain provisions of Rule 610(c) of Regulation NMS. This notice also includes a request for public comment on the application.

Priority review Notice Securities
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SEC Agency Information Collection Activities Proposed Collection Comment Request Extension Rule 102

The Securities and Exchange Commission (SEC) has published a notice requesting comments on the proposed extension of an existing information collection requirement under Rule 102. This collection, identified by OMB Control No. 3235-0467, is subject to review under the Paperwork Reduction Act.

Routine Notice Securities
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ACAP Strategic Fund, et al. - SEC Notice

The Securities and Exchange Commission (SEC) has issued a notice regarding the ACAP Strategic Fund, et al. The notice pertains to an application filed on August 4, 2025, and amended on March 9, 2026, under the Investment Company Act.

Routine Notice Securities
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Pacer Funds Trust and Pacer Advisors, Inc. - Investment Company Act Notice

The SEC has issued a notice regarding a filing by Pacer Funds Trust and Pacer Advisors, Inc. under the Investment Company Act of 1940. The notice provides details on the application and filing dates, but does not impose new obligations.

Routine Notice Securities
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Cboe Exchange Rule Change Proceedings Suspension Order

The SEC has issued a notice regarding Cboe Exchange, Inc., instituting proceedings to determine whether to approve or disapprove a proposed rule change to adopt Rule 8.23. This action suspends the proposed rule change pending the outcome of the proceedings.

Priority review Notice Securities
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Cboe Exchange Rule Change Proposal for Fees Schedule

Cboe Exchange has proposed a rule change to amend its Fees Schedule, specifically modifying the fees for Floor Booth rentals. The proposal aims to simplify the existing tiered pricing structure by adopting a flat monthly fee of $250 per booth on the perimeter of the trading floor. The SEC is soliciting comments from interested parties on this proposed change.

Priority review Consultation Securities
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Cboe Exchange Proposed Rule Change Approved by SEC

The SEC has approved a proposed rule change by Cboe Exchange, Inc. that allows Market-Makers' orders to be solicited as the contra-side for agency orders in certain exchange auctions. This change amends existing rules to permit such solicitations across all classes, including SPX options.

Priority review Rule Securities
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SEC Notice of Application for Joint Transactions by BDCs

The SEC has issued a notice regarding an application filed by FP Strategies LLC, RoboStrategy, Inc., and Satya Robo Holdings LLC. The application seeks an order to permit certain business development companies (BDCs) and closed-end investment companies to co-invest in portfolio companies with each other and affiliated entities.

Priority review Notice Securities
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MIAX PEARL LLC Proposed Rule Change for Sub-Dollar Securities

The SEC approved a proposed rule change by MIAX PEARL LLC to extend Post Only order functionality to sub-dollar securities. This change allows the exchange to apply the same liquidity-posting logic to securities priced below $1.00 as it currently does for securities priced at or above $1.00.

Priority review Rule Securities
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SEC Notice of Application for Exemption for Advisors Series Trust

The SEC has issued a notice regarding an application for exemption from certain provisions of the Investment Company Act of 1940 and related disclosure rules. The exemption would allow Advisors Series Trust and Scharf Investments, LLC to enter into and amend subadvisory agreements without shareholder approval and grant relief from specific disclosure requirements related to subadviser fees.

Priority review Notice Securities
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SEC Approves Cboe EDGX Rule Changes for Retail Price Improvement Program

The SEC has approved rule changes for Cboe EDGX Exchange, Inc. to adopt a Retail Price Improvement Program. This program allows certain retail orders to be identified and prioritized, with specific execution and routing parameters, and includes modifications to rules governing non-displayed orders. The approval also grants limited exemptive relief from the Sub-Penny Rule.

Priority review Rule Securities
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Cboe Exchange Proposes Rule Change to Amend Fee Schedule

Cboe Exchange has filed a proposed rule change with the SEC to amend its fee schedule regarding Regulatory Fees. The proposed change will update the FINRA Annual System Processing Fee and Continuing Education Fee to mirror updated FINRA fees, introducing a tiered structure based on the number of securities regulators registered. This proposal is part of FINRA's phased implementation of fee adjustments between 2025 and 2029.

Priority review Consultation Securities
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Cannabist Company Holdings Inc. - Material Definitive Agreement

The Cannabist Company Holdings Inc. has entered into an asset purchase agreement for the sale of its Delaware subsidiary's assets. The transaction is valued at $16.5 million, with a portion held in escrow for indemnification obligations. This filing reports the entry into this material definitive agreement.

Priority review Notice Corporate Governance
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Solidion Technology Inc. 8-K Filing

Solidion Technology Inc. filed an 8-K form on March 24, 2026, to report a material event. The filing pertains to Item 4.02, Non-Reliance on Previously Issued Financial Statements or Related Audit Report or Interim Review. This indicates a potential restatement or correction of previously issued financial information.

Routine Notice Securities
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SEC No-Action Letter: Pentalpha Capital LLC Exemption from Audited Annual Reports

The SEC's Division of Trading and Markets has granted Pentalpha Capital LLC a no-action letter, exempting them from filing audited annual reports for the fiscal year ending December 31, 2025. This exemption is contingent upon Pentalpha Capital LLC's Form BDW becoming effective 60 days after its filing.

Priority review Guidance Securities