Bitcoin
BlackRock files managed Bitcoin ETF with downside protection
BlackRock filed for the iShares Bitcoin Managed Protect ETF, a new Bitcoin product designed to offer downside protection with an approximate upside limit.
Tag
sec
Markets
SEC approves binary options tied to company KPIs
The SEC approved binary options tied to company KPIs, allowing a securities exchange to list these cash-settled, European-style contracts as NMS securities.
News
SEC proposes broader cross-trading for registered funds
The SEC proposed amendments to Rule 17a-7, expanding eligible securities for cross-trading by registered funds, including fixed-income and level 2 securities, with new reporting requirements.
Markets
IEX publishes crypto trust options rules
IEX filed a rule change with the SEC for crypto trust options, setting eligibility rules for single- and multi-asset trusts and revising IBIT limits.
Markets
OKX, ICE file for 24/7 tokenized U.S. stock venue
OKX and Intercontinental Exchange (ICE) have filed with the SEC for a 24/7 tokenized U.S. stock trading venue, initially offering 63 U.S.-listed companies.
Analysis
CityVest borrowed $425,000 from advised funds without disclosing the conflicts
CityVest and its subsidiary CV Manager borrowed $425,000 from advised funds for operating expenses, including payroll, without disclosing conflicts to investors, leading to an SEC settlement.
Analysis
SEC proposes crypto custody rules with self-custody path
The SEC has proposed new crypto custody rules allowing self-custody and state trust companies for advisers and funds, with a 60-day public comment window.
Analysis
SEC puts exchange-broker ties and Trump Accounts under the microscope
The SEC's Divisions of Trading and Markets, Investment Management, and Corporation Finance issued staff statements on exchange-broker affiliations and Trump Accounts, with direct implications for inte
Markets
SEC charges Meyer Global, CEO over alleged SpaceX pre-IPO fund fraud
The SEC has charged Meyer Global Management and CEO Owen E.H. Meyer with fraud, alleging misuse of client assets and inflated statements, including a nearly $3 million SpaceX investment forfeiture.
News
SEC targets WhatsApp crypto scams totaling at least $15.3 million
The SEC filed two fraud complaints against Cryptoaiml and TSAI entities, alleging they used WhatsApp and fake AI programs to scam investors out of at least $15.3 million.
