Securities & Markets

NYSE American Options Fee Schedule Rule Change Filing

NYSE American LLC has filed a proposed rule change to modify its options fee schedule. This filing, submitted under Section 19(b)(2) of the Securities Exchange Act of 1934, outlines specific adjustments to the fees associated with options trading on the exchange. The filing is currently under review by the SEC.

AMF France: Crowdfunding Platforms Reminded of Complaint Handling Rules

The AMF France has issued a reminder to crowdfunding service providers (CSPs) regarding their obligations for handling investor complaints. This guidance clarifies requirements under EU and AMF regulations for establishing and maintaining effective complaint handling systems.

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.

Oregon Enforcement Orders for United Advocacy Counseling and NEXT Insurance

The Oregon Division of Financial Regulation has added two new enforcement orders. United Advocacy Counseling (DM-25-0060) and NEXT Insurance US LLC (INS-25-0051) are subject to these orders, with dates of March 17, 2026, and March 16, 2026, respectively.

FCA Final Rules: Operational Incident and Third Party Reporting

The FCA has published final rules and guidance for operational incident and material third party reporting. These rules, which will apply from 18 March 2027, aim to standardize reporting processes and enhance oversight of critical third-party arrangements within the financial sector.

FCA Consultation on Regulation for SME Access to Finance

The FCA is seeking views on how its regulations can better support small and medium-sized enterprises (SMEs) in accessing finance. This initiative is part of the FCA's strategy to support growth and improve business access to capital.

Larry Holley - Fine Payment Instructions and Consent Order

The Michigan Department of Licensing and Regulatory Affairs has issued fine payment instructions and a consent order related to Larry Holley's unregistered securities activities. The total fine for Larry Holley has been reduced to $40,000.00, payable after the SEC receivership closes.

ASIC v. Sunshine Loans - High Court Ruling on Recusal

The Australian Securities and Investments Commission (ASIC) has won a High Court appeal against Sunshine Loans. The High Court unanimously rejected Sunshine Loans' appeal regarding the recusal of a judge, allowing the original judge to determine penalties for unlawful fees charged by Sunshine Loans.

NYSE American Options Fee Schedule Amendment Proposal

The NYSE American has proposed amendments to its Options Fee Schedule. This filing initiates a public comment period, allowing stakeholders to review and respond to the proposed changes regarding options trading fees.

NYSE American LLC Proposes Market Data Fee Amendments

NYSE American LLC has filed a proposed rule change to amend its market data fees. The filing includes proposed changes to the fees for various data products and services, with a comment period open until February 12, 2026. This action is subject to SEC review.