SEC Extends Review Time for BondBloxx Private Credit Trust Listing
Published Date: 6/27/2025
Notice
Summary
The SEC is taking extra time to decide if the Cboe BZX Exchange can list and trade shares of the BondBloxx Private Credit Trust. This affects investors and the exchange, as the decision could open up new trading options or delay them. The SEC extended the review period to make sure they get it right, so no money moves just yet!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
SEC Extends Decision Deadline
The SEC set August 27, 2025 as the new deadline to approve or disapprove the proposed rule change (File No. SR-CboeBZX-2024-126). The proposal was published on December 30, 2024 (180 days would be June 28, 2025) and the SEC used its authority to extend that period by up to 60 days to August 27, 2025.
Proposed Listing: BondBloxx Trust
Cboe BZX filed a proposal to list and trade shares of the BondBloxx Private Credit Trust under BZX Rule 14.11(f) (File No. SR-CboeBZX-2024-126). The Commission is deciding whether to approve or disapprove that listing, which could open a new trading option for investors if approved or keep it unavailable if disapproved or delayed.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-06475 — Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified by Amendment No. 1, To Amend Cboe Rule 5.4
Cboe Exchange is changing the smallest price step for options on its Mini Bitcoin ETF Index to make trading smoother and clearer. This change affects traders using these options and kicks in quickly after approval, with no extra costs involved. The SEC gave this update a fast green light, so expect the new rules to start soon!
2026-06469 — Self-Regulatory Organizations; BOX Exchange LLC; Notice of Filing of Proposed Rule Change To Amend BOX Rules 5055 (FLEX Equity Options) and 3120 (Position Limits)
BOX Exchange wants to update its rules for special options tied to popular Bitcoin and Ethereum ETFs and trusts. These changes affect traders using FLEX equity options and position limits, aiming to keep things fair and clear. The new rules could impact how much traders can hold and trade, with the proposal open for public comments starting April 2026.
2026-06473 — Self-Regulatory Organizations; Nasdaq PHLX LLC; Notice of Filing and Immediate Effectiveness of a Proposal To Amend the Exchange's Anti-Internalization Functionality in Equity 4, Rule 3307, and To Extend the Implementation Date of the CORE FIX Order Entry Protocol
Nasdaq PHLX is updating a rule that helps stop trades from accidentally happening within the same firm, which keeps trading costs down. They’re also pushing back the start date for a new order entry system called CORE FIX. These changes affect traders using Nasdaq PHLX and aim to make trading smoother without extra costs, with the new system launch delayed to give everyone more time to get ready.
2026-06462 — Self-Regulatory Organizations; 24X National Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt a Monthly Enterprise Fee for Its Depth of Book Proprietary Market Data Feed
24X National Exchange is starting a new monthly fee for companies using its special market data feed that shows detailed order info. This change affects businesses that rely on this data and kicks in right away, meaning they’ll pay a set monthly charge to access it. It’s a clear move to keep the data service running smoothly and fairly.
2026-06466 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposal To Amend the Exchange's Anti-Internalization Functionality in Equity 4, Rule 4757, and To Extend the Implementation Date of the CORE FIX Order Entry Protocol
Nasdaq is updating a rule that helps stop trades from accidentally happening within the same firm, which keeps trading fair and lowers costs. They’re also pushing back the start date for a new order entry system called CORE FIX to give everyone more time to get ready. These changes affect traders using Nasdaq and aim to make trading smoother without extra fees or delays.
2026-06463 — Joint Industry Plan; Notice of Filing of Amendment No. 1, and Order Instituting Proceedings To Determine Whether To Approve or Disapprove an Amendment to the National Market System Plan Regarding Consolidated Equity Market Data, as Modified by Amendment No. 1, To Adopt a Fee Schedule
Big stock market players like exchanges and trading groups want to start charging fees for sharing important stock data. They updated their plan after hearing feedback, and now the SEC is deciding if these new fees are fair and should go live. If approved, this could change how much it costs to get stock info starting soon.
Previous / Next Documents
Previous: 2025-11869 — Self-Regulatory Organizations; Nasdaq GEMX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend GEMX's Pricing Schedule To Amend Certain Taker Fees and the Qualifying Tier Thresholds
Nasdaq GEMX is changing some fees for traders who take orders, like Market Makers and Professional Customers, and adjusting the levels needed to qualify for special pricing tiers. These updates start right away and could save or cost traders a bit depending on their activity. If you trade options on GEMX, keep an eye on these new fees and thresholds starting June 2025!
Next: 2025-11871 — Self-Regulatory Organizations; Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To List and Trade Shares of the 21Shares Polkadot Trust Under Nasdaq Rule 5711(d) (Commodity Based Trust Shares)
Nasdaq wants to start trading shares of the 21Shares Polkadot Trust, a new kind of investment tied to the Polkadot cryptocurrency. The SEC is now deciding if this is a good idea and will approve or reject it by June 24, 2025. This affects investors interested in crypto-based products and could open new ways to invest on Nasdaq.
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in