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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 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.