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Pre-Launch · Wyoming · 2026

Regulatory · Forward-looking roadmap

Pre-launch. No filings have been made yet.

Wavestar Holdings LLC was founded in 2026 and is pre-launch as of May 2026. No regulatory filings have been submitted yet to FinCEN, the SEC, the CFTC, FINRA, the FCC, the ITU, or any state regulator. This page is the forward-looking roadmap of filings we intend to make as the platform comes online. Every actual filing will be listed here, with its public copy and transparency-log inclusion proof, on the day it is filed — not before.
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Status

Pre-launch · no filings made

Founded

2026 · Wyoming

Roadmap entries

11

First filing target

Month 3

Why this page exists today

An honest empty archive — and a stated plan.

A regulator-facing archive should never overstate status. As of May 2026 Wavestar has filed nothing. We publish the roadmap so counterparties, counsel and regulators can see the plan, with timing keyed to platform milestones — not to dates already in the past.
  • 01

    Pre-launch posture

    Wavestar Holdings LLC is a Wyoming-formed company in 2026. No subsidiaries are yet formed. No regulator has yet received a filing from Wavestar.
  • 02

    Sequenced for substrate

    Filings are sequenced behind product milestones — we will not file before the operational substrate that the filing describes exists. FinCEN-side first; broker-dealer formation second; ATS-N third; DCO fourth; SEF/DCM after DCO is operative.
  • 03

    Public copies on day-of

    Once filings begin, every entry on this page will link to the signed public copy and the transparency-log inclusion proof. Amendments will be preserved alongside originals with a supersedes-edge.
  • 04

    No retroactive backdating

    Roadmap rows are not converted into 'filed' history rows until an actual filing has been made and accepted. A row will be moved to history with the actual filing date — never with a planned date.

Forward roadmap

Sequenced filings — every row is "planned", not filed.

Months are measured from the formal company-operating start. None of these has been submitted. None has an accepted date. Each will move to a historical archive entry only after the filing actually occurs.
  1. Months 3 – 9Planned

    FinCEN Form 107 — MSB registration (initial)

    Initial Money Services Business registration filing under 31 CFR 1010. Triggered by clearing-member fund custody going live.
  2. Months 3 – 9Planned

    BSA program manual — v1.0

    Written anti-money-laundering policy, customer-identification programme, OFAC screening, internal controls and independent-review scope. Published alongside the FinCEN registration.
  3. Months 6 – 12Planned

    State money-transmitter applications (multi-state)

    Money-transmitter / virtual-currency licensing applications filed via NMLS across the priority operating states. Sequencing prioritised by member geography.
  4. Months 9 – 18Planned

    Broker-dealer formation + FINRA New Member Application

    Wavestar Securities LLC, the subsidiary broker-dealer, will be formed. FINRA New Member Application filed via the NMA process. Form BD filed in parallel.
  5. Months 9 – 18Planned

    Form ATS-N — initial filing

    Initial Form ATS-N under Rule 300 of Regulation ATS, covering spectrum-rights and hosted-payload secondary trading. Public sections will be posted on EDGAR same-day.
  6. Months 12 – 24Planned

    Clearing member rulebook — public-comment draft

    First public-comment draft of the clearing-member rulebook issued ahead of CFTC DCO pre-filing engagement. Six parts, consolidated document. Comments published with disposition.
  7. Months 18 – 30Planned

    CFTC DCO pre-filing engagement

    Pre-filing engagement memorandum to the CFTC Division of Clearing and Risk: framework, Core Principle mapping, orbital-native settlement model.
  8. Months 24 – 36Planned

    CFTC Form 7-R — initial DCO filing

    Initial Form 7-R filing: legal opinions, financial-resources attestations, Core Principles A–R mapping, risk framework documentation, default-management procedures.
  9. Months 30 – 42Planned

    Default-management drill summary

    Public summary of the first full-scope default-management simulation: scenarios, observed responses, findings.
  10. Months 36+Planned

    CFTC Form SEF + Form DCM

    SEF registration under Part 37 and DCM designation under Part 38 for orbital-resource futures and swaps. Sequenced after DCO is operative.
  11. Annual, once operatingPlanned

    Annual transparency report

    First full-year transparency report after the cleared market is live: cleared volume, default events, rule changes, technology incidents, availability performance.

Engagement

Regulators and counsel — early dialogue welcome.

If you are a regulator, agency-side examiner, or external counsel and you want to engage with Wavestar's regulatory plan before filings begin, contact the team. We would rather pre-file engage than surprise on filing day.

Regulatory contactRegulatory overview