727 FinancePANews October 10 news: The U.S. SEC announced a proposal to amend Rule 17a-7 under the Investment Company Act, the "cross-trading rule," to restore the ability of registered funds to cross-trade most fixed-income securities with their affiliates, a practice previously restricted by the 2020 fund valuation rule. The proposal would update conditions such as pricing and oversight, and require funds engaging in cross-trading to submit summary reports. SEC Chairman Paul Atkins said cross-trading can help funds avoid public market transaction costs. The comment period is 60 days.
The U.S. SEC proposes amending cross-trading rules for registered funds to restore cross-trading of fixed-income securities.
संबंधित बातम्या
गेल्या आठवड्यात स्पॉट बिटकॉइन ETF मध्ये $203 दशलक्षाचा निव्वळ बहिर्वाह झाला, त्यात फिडेलिटीच्या FBTC ने $166 दशलक्षाच्या निव्वळ बहिर्वाहासह आघाडी घेतली.
PANews नोव्हेंबर २ बातमी, SoSoValue डेटानुसार, गेल्या आठवड्यातील व्यवहार दिवसांमध्ये (पूर्वीय वेळ ऑक्टोबर २६ ते ऑक्टोबर ३०), स्पॉट बिटकॉइन ETF मध्ये $२०३ दशलक्ष...