Changeflow GovPing SEC March 26, 2026
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Order Granting Extension of Time to Respond for Andrew Actman

The SEC has granted an extension for respondent Andrew Actman to respond to a motion to vacate sanctions. The Division of Enforcement's response is now due by April 10, 2026, and Actman may reply by May 8, 2026.

Routine Enforcement Securities
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GUOCHUN INTERNATIONAL INC. - Non-Reliance on Previously Issued Financial Statements

GUOCHUN INTERNATIONAL INC. has announced that its previously issued unaudited condensed financial statements for the period ended September 30, 2025, are no longer reliable. The company determined that an error in recording other general and administrative expenses necessitates a restatement.

Priority review Notice Corporate Governance
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Remarks on Nonbank Designation Proposal

SEC Chairman Paul S. Atkins made remarks supporting a proposal at the Financial Stability Oversight Council meeting on March 25, 2026. While supporting the proposal as a step in the right direction, he reiterated skepticism about the fundamental issues with nonbank designation under the Dodd-Frank Act.

Priority review Notice Financial Services
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SEC Notice: ETF Series Trust Application for Exemption

The SEC has issued a notice regarding an application from ETF Series Trust and Pictet Asset Management SA/Ltd. for an exemption from certain disclosure requirements related to subadvisory agreements and fees. The exemption would allow applicants to enter into and amend subadvisory agreements without shareholder approval and waive specific disclosure rules.

Priority review Notice Securities
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SEC Notice of Application for Savvly Fund and Advisor LLC

The SEC has issued a notice regarding an application from Savvly Fund #3 and Savvly Advisor, LLC. The applicants seek exemptions to allow a closed-end investment company to issue multiple series of preferred shares with different distribution amounts and repurchase terms, potentially offering augmented returns.

Priority review Notice Securities
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SEC Proposes Rule Change for Fixed Income Clearing Corp

The SEC is soliciting comments on a proposed rule change by the Fixed Income Clearing Corporation (FICC). The proposal seeks to amend the QRM Methodology Document to provide for the delayed implementation of previously approved rule changes related to bond haircut models, setting an implementation date of April 30, 2026.

Priority review Consultation Securities
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MEMX LLC seeks SEC exemptive relief for Regulation NMS amendments

The SEC has received an application from MEMX LLC requesting temporary exemptive relief from certain amendments to Regulation NMS concerning minimum pricing increments and access fees. This relief would delay the implementation of these amendments, which were adopted in September 2024, to allow market participants to consider potential impacts from other ongoing market structure rule changes.

Priority review Consultation Securities
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SEC Proposes Rule Change for Cboe Exchange, Inc. Order Entry

The SEC has temporarily suspended a proposed rule change by Cboe Exchange, Inc. that would codify prohibitions on disruptive order and quote entry. The Commission has instituted proceedings to determine whether to approve or disapprove the rule, which aims to prevent manipulative trading practices and protect investors.

Priority review Consultation Securities
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SEC Notice: Pacer Funds Trust Application for Exemption

The SEC has issued a notice regarding an application from Pacer Funds Trust and Pacer Advisors, Inc. for an exemption from certain provisions of the Investment Company Act of 1940 and related disclosure rules. The exemption would allow applicants to enter into and amend subadvisory agreements without shareholder approval and waive disclosure requirements related to subadviser fees.

Priority review Notice Securities
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SEC Proposes Extension for Rule 17a-7 Exemption Comment

The Securities and Exchange Commission (SEC) has issued a notice proposing to extend the comment period for a proposed collection of information related to Rule 17a-7, which governs certain purchase or sale transactions between investment companies and affiliated persons. The notice seeks public input on the proposed extension.

Priority review Notice Securities
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SEC Approves FICC Rule Changes for GSD, MBSD, EPN Rules

The SEC has published a notice regarding proposed rule changes by the Fixed Income Clearing Corporation (FICC) for its Government Securities Division (GSD), Mortgage-Backed Securities Division (MBSD), and Equity Trade Capture (EPN) rules. These changes are effective immediately upon filing.

Routine Notice Securities
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Cboe Exchange Inc. Rule Change for Complex Orders and Stop-Limit Orders

The SEC has published a notice of a proposed rule change by Cboe Exchange Inc. to amend its rules regarding complex orders and complex order auctions. The proposed changes aim to accommodate stop-limit complex orders and establish stop complex order auctions as a new auction mechanism.

Priority review Notice Securities
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SEC Delays Decision on Cboe Exchange Multi-Listed Equity Options Trading

The SEC has extended the period for reviewing a proposed rule change by Cboe Exchange, Inc. that would allow for extended trading of multi-listed equity options. This notice designates a longer period for the Commission to take action on the proposed rule change.

Priority review Notice Securities
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SEC - Agency Information Collection, OMB Review, Comment Request, Form N-3

The Securities and Exchange Commission (SEC) has submitted a request to the Office of Management and Budget (OMB) for review and extension of the information collection requirements associated with Form N-3. This notice seeks public comment on the proposed extension.

Routine Notice Securities
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SEC - Proposed Rule Change for CDS Clearing Rules by LCH SA

The SEC has published a notice of a proposed rule change filed by LCH SA concerning its Credit Default Swap (CDS) clearing rules. This filing initiates a public comment period for the proposed changes.

Priority review Notice Securities
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SEC Commissioner Peirce's Remarks on Investment Company Regulation

SEC Commissioner Hester M. Peirce delivered remarks at the Investment Company Institute's conference, discussing the growth of investment companies and advocating for smarter, less burdensome regulation. She emphasized that regulations should support firms serving investors well, rather than making compliance a miserable exercise.

Routine Notice Securities
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EnerSys 8-K Filing - Material Impairments

EnerSys has filed an 8-K form with the SEC to report material impairments. This filing indicates significant financial events that may impact the company's reported assets and earnings. The filing is made in accordance with SEC disclosure requirements for publicly traded companies.

Priority review Enforcement Corporate Governance