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Proposed Rule Changes for NYSE Arca, Inc.

The SEC has received a proposed rule change from NYSE Arca, Inc. This filing initiates a public comment period for the proposed changes to the exchange's rules. Interested parties are invited to submit their views on the proposal.

SEC Proposes Rule Change for NYSE American Options Trading

The SEC is seeking public comment on a proposed rule change by NYSE American LLC to facilitate the transfer and trading of options based on the MSCI EAFE Index and MSCI Emerging Markets Index. This proposal aims to align NYSE American's rules with those of CBOE for these specific index options.

SEC Proposes Rule Changes for Cboe Exchange Bitcoin and Ethereum ETF Options

The SEC is seeking public comment on a proposed rule change by Cboe Exchange, Inc. to amend rules regarding options on Bitcoin and Ethereum Exchange-Traded Funds. The proposed changes affect criteria for underlying securities, FLEX option classes, and position/exercise limits.

SEC Grants DigitalBridge Waiver of Ineligible Issuer Status

The SEC's Division of Corporation Finance granted DigitalBridge Group, Inc. a waiver from being considered an "ineligible issuer" under Rule 405 of the Securities Act of 1933. This waiver is due to a prior Commission order against its subsidiary, Colony Capital Investment Advisors, LLC.

SEC - Archer-Daniels-Midland Co. Waiver Request for Ineligible Issuer Status

The SEC is considering a waiver request from Archer-Daniels-Midland Co. (ADM) to maintain its Well-Known Seasoned Issuer (WKSI) status, despite a recent settlement for violations of securities laws. ADM seeks to avoid being classified as an 'ineligible issuer' for three years following the settlement.

SEC No-Action Letter: DTC Tokenization Services Pilot

The SEC's Division of Trading and Markets issued a no-action letter to The Depository Trust Company (DTC) regarding its pilot program for tokenization services. This guidance allows DTC to proceed with developing and testing its DTCC Tokenization Services using distributed ledger technology for security entitlements.

SEC Guidance: Insurance Companies May File SAP Financial Statements for Index-Linked Policies

The SEC's Division of Investment Management issued guidance allowing insurance companies to file financial statements prepared under statutory accounting principles (SAP) instead of GAAP for certain index-linked policies and contingent deferred annuities. This permission is subject to specific representations and acknowledgments filed with the SEC.

SEC Staff Legal Bulletin 14L on Shareholder Proposals

The SEC's Division of Corporation Finance has published Staff Legal Bulletin 14L, updating guidance on Rule 14a-8 shareholder proposals. This bulletin rescinds prior guidance and clarifies the application of the ordinary business and economic relevance exceptions, aiming to simplify the no-action request process.

SEC Staff Legal Bulletin 21: Antifraud Provisions for Municipal Securities

The SEC's Office of Municipal Securities has published Staff Legal Bulletin No. 21 to clarify the application of antifraud provisions to public statements made by municipal issuers in the secondary market. The bulletin emphasizes that these provisions apply to any statement reasonably expected to reach investors and the trading markets, aiming to enhance investor protection and disclosure practices.

SEC Sample Letter on China-Specific Disclosures

The SEC's Division of Corporation Finance issued a sample letter reminding China-based public companies of their disclosure obligations under the Holding Foreign Companies Accountable Act (HFCAA) and federal securities laws. The guidance focuses on risks related to the PRC government's role, variable interest entity structures, and forced labor concerns.