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The Securities and Exchange Commission approved a proposed rule change by the New York Stock Exchange (NYSE) to amend Section 907.00 of its Listed Company Manual, which extends the period during which newly listed and transfer companies can receive complimentary products and services from 24 to 48 months. These services include market surveillance, web hosting, and analytics, among others, and are provided by third-party vendors. The purpose of this expansion is to help NYSE stay competitive in attracting new listings and transfers by offering extended benefits similar to those provided by Nasdaq. The approval ensures that the rule is transparent and does not discriminate unfairly among companies.

The Securities and Exchange Commission (SEC) has allowed the New York Stock Exchange (NYSE) to change a previous exemption that lets them trade debt securities on NYSE Bonds, even if these aren't registered under the Exchange Act. Previously, the issuer needed to have shares listed on the NYSE, but now these shares can be listed on any national securities exchange. This change aims to reduce regulatory differences and boost competition between exchange-traded and over-the-counter markets for these securities. The decision includes measures to safeguard investors, like ensuring continuous monitoring of the issuers' equity securities that allow their debt securities to trade on the NYSE.

The New York Stock Exchange LLC (NYSE) has proposed a rule change to its pricing structure aimed at increasing the liquidity of trades. The proposal introduces a new "Step Up Adding Tier 5" which provides incentives for members who increase their trade volumes on the Exchange. The exchange also plans to modify the existing "Incremental SLP Step Up Tier" to make it easier for Supplemental Liquidity Providers (SLPs) to qualify for credits, potentially benefiting more participants. The changes are designed to attract more trades to the NYSE, improve market quality, and do not present unfair advantages to any specific group of market participants.

The New York Stock Exchange (NYSE) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to introduce a new section in its Listed Company Manual regarding principal underwriters. The proposal aims to create a category known as "Limited Underwriting Members," allowing certain organizations to act as principal underwriters for companies seeking initial listings on the NYSE without granting them trading privileges. These members would be subject to a limited set of rules, including supervision and conduct standards, while still being regulated under the jurisdiction of the exchange. The SEC has published this notice to gather comments from the public about the proposed changes.

The New York Stock Exchange LLC has proposed a new rule change to adjust the fee structure for limited partnerships that are at least 40% owned by another company already listed on the Exchange. This change would establish a flat fee, which is the minimum annual fee applied, to reflect the cost savings from servicing affiliated listings, such as shared management between the entities. The Exchange believes this adjustment is fair and reasonable, as it would help them compete more effectively for listings in a highly competitive market. This proposed rule change is effective upon filing and is open for public comments.

The New York Stock Exchange LLC (NYSE) proposed changes to its pricing for co-location services to add two new bundles, Options E and F, which offer upgraded network connections compared to previous options. These bundles cater to smaller users by providing partial cabinet solutions with enhanced 40 Gb connections, with fees outlined in the proposal including a 50% discount on the monthly charges for the first year if purchased by the end of 2021. The proposal aims to make the NYSE's offerings more competitive with other vendors by addressing customer demand for higher bandwidth options. The public is invited to comment on the proposal before February 26, 2021, and a decision will be made within 45 to 90 days from the publication date.

The New York Stock Exchange (NYSE) has proposed a change to Rule 309, which aims to simplify the payment process for member organizations by allowing the exchange to directly debit undisputed or final fees from their accounts at the National Securities Clearing Corporation. Organizations have the option to opt-out and set up alternative payment methods. This new method is intended to ease administrative burdens and reduce overdue account balances. Additionally, a $10,000 threshold is set for disputes before debiting occurs, providing time for members to address potential billing errors.

The Securities and Exchange Commission (SEC) has approved a rule change proposed by The Nasdaq Stock Market LLC. This change modifies the complimentary service packages offered to companies that switch their listing to Nasdaq, known as "Eligible Switches." Now, companies with a market capitalization of $750 million or more will have access to additional services like the Annual Perception Study, alongside Stock Surveillance or Global Targeting tools, over a four-year period. The new rule also broadens the definition of "Eligible Switch" to include companies switching from any national securities exchange, not just the New York Stock Exchange (NYSE), which is designed to increase competition and bring more value to Nasdaq.

The New York Stock Exchange (NYSE) submitted a proposed rule change to amend Section 907.00 of the NYSE Manual. This amendment aims to clarify the application of complimentary products and services offered to companies listed on the exchange, depending on their global market value. Companies that listed on or after January 11, 2021, will receive these services for 48 months, while those listed earlier will get them for 24 months. The change is primarily for clarification and transparency and does not impose any significant burden on competition or affect investor protection.

The Securities and Exchange Commission (SEC) is reviewing and seeking public feedback on a proposed rule change by the New York Stock Exchange (NYSE). This proposal aims to amend Rule 7.35C to allow NYSE to facilitate a Trading Halt Auction if a security doesn't reopen by 3:30 p.m. after a market-wide circuit breaker halt, known as an "MWCB Halt." The proposal includes changes such as widening the price range for these reopening auctions and allowing certain market maker interests to remain active. The SEC is also considering whether these changes meet the legal standards to ensure fair and orderly markets and is inviting comments from the public by March 10, 2021.