Federal Register #SR-CboeBZX-2026-061

SEC Approval of Cboe BZX Exchange Rule Change for Commodity-Based Trust Shares

This notice concerns a regulatory action by the U.S. Securities and Exchange Commission (SEC) regarding the Cboe BZX Exchange's rules for Commodity-Based Trust Shares. - Government Buyer: - U.S. Securities and Exchange Commission (SEC), Division of Trading and Markets - OEMs and Vendors: - No Original Equipment Manufacturers (OEMs) or commercial vendors are involved; this is a regulatory approval, not a procurement - Products/Services Requested: - No products or services are being procured - The subject is Commodity-Based Trust Shares, with amendments allowing up to 15% of net asset value (NAV) in certain digital commodities and securities not meeting existing eligibility criteria - Amendments include a new definition for digital commodity and permit actively-managed strategies - Unique or Notable Requirements: - Enhanced safeguards for material non-public information - Trading halt procedures to ensure market transparency and integrity - Aligns with prior SEC approvals to facilitate product innovation and investor protection - No contract value, period of performance, or line items for procurement apply, as this is a regulatory notice

Description

The Securities and Exchange Commission issued a notice regarding a proposed rule change by Cboe BZX Exchange, Inc. to amend Rule 14.11(e)(4) concerning Commodity-Based Trust Shares. The notice details the filing, approval, and relevant regulatory references. It includes an order granting accelerated approval for the proposed rule change, ensuring compliance with applicable securities regulations.

View original listing