Search Results for keywords:"MPL-IOC Orders"

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Search Results: keywords:"MPL-IOC Orders"

  • Type:Notice
    Citation:90 FR 12374
    Reading Time:about 4 minutes

    On March 5, 2025, the NYSE American LLC filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its rules for an optional routing strategy for certain order types. This change became effective immediately because it doesn't significantly impact investor protection or competition and the SEC agreed to waive the usual 30-day waiting period. The public can submit comments on this proposed rule change until April 7, 2025, and the SEC may suspend the change within 60 days if deemed necessary. All related documents can be accessed on the SEC's website.

    Simple Explanation

    The NYSE American wants to make a small change to how some stock orders are handled, and they did it quickly so it could start right away. People can share their thoughts about it until early April, and if needed, the change might be stopped later.

  • Type:Notice
    Citation:90 FR 12382
    Reading Time:about 2 minutes

    The New York Stock Exchange LLC has submitted a proposed rule change to the Securities and Exchange Commission (SEC) on March 5, 2025, to amend Rules 7.31 and 7.37. The proposed changes aim to introduce an optional routing strategy for MPL-IOC Orders, which are a type of order on the exchange. The SEC is inviting public comments on whether this proposed change aligns with the Securities Exchange Act of 1934 and has set a deadline for submissions by April 7, 2025. Comments can be submitted via an internet form or email, and all submissions will be available for public viewing on the SEC's website.

    Simple Explanation

    The New York Stock Exchange wants to make a small change to how some orders are processed to give people more choices, and they are asking if anyone has thoughts on this idea before it becomes official.

  • Type:Notice
    Citation:90 FR 12426
    Reading Time:about 4 minutes

    The NYSE Chicago, Inc. has filed a proposed rule change with the Securities and Exchange Commission (SEC) to amend its Rules 7.31E and 7.37E. This change would allow an optional routing strategy for MPL-IOC Orders. The rule was filed under Section 19(b)(3)(A) and Rule 19b-4(f)(6) of the Securities Exchange Act. The SEC published the proposal to gather public comments and has agreed to let the rule become effective immediately, as it doesn't significantly impact competition or investor protection. Public comments about the rule can be submitted to the SEC by April 7, 2025.

    Simple Explanation

    The NYSE Chicago wants to change some of its rules to let people choose a new way to buy and sell shares very quickly, and the government says it's okay to start using this new way while they listen to what people think about it.