Search Results for keywords:"NYSE Listed Company Manual"

The New York Stock Exchange (NYSE) proposed a rule change to the Securities and Exchange Commission (SEC) to exempt closed-end funds from holding annual shareholder meetings. This rule alteration was initially filed on June 21, 2024, and published for public comment on July 9, 2024. However, on January 31, 2025, the NYSE decided to withdraw this proposed rule change. The SEC had been considering whether to approve or disapprove the proposal before its withdrawal.

The Securities and Exchange Commission (SEC) has approved a rule change by the New York Stock Exchange (NYSE) that restricts certain companies from using reverse stock splits to continue being listed on the exchange. This new rule targets companies that repeatedly use reverse stock splits, especially if they have done so in the past year or have a significant reverse split history in the last two years. The SEC believes this rule will help protect investors by ensuring that companies listed on the exchange are financially stable and suitable for continuing public trading. Companies can still appeal if they are delisted due to these new rules.

The Securities and Exchange Commission (SEC) has announced an extension for determining whether to approve a rule change proposed by the New York Stock Exchange (NYSE). The rule change involves calculating distribution standards on a worldwide basis for certain companies listing on the NYSE. The original deadline for the decision was March 9, 2025, but the SEC has extended this by 60 days to May 8, 2025, to allow more time for consideration. The SEC has not yet received any public comments on this proposed rule change.

The New York Stock Exchange LLC submitted a proposed rule change to the Securities and Exchange Commission (SEC) to modify certain sections of the NYSE Listed Company Manual, specifically concerning shareholder approval requirements and related party transactions. The SEC published this proposal in the Federal Register on January 4, 2021, but has not received any public comments. Under the rules, the SEC typically has 45 days to take action on such proposals, which in this case would have lapsed on February 18, 2021. However, they have decided to extend this period to April 4, 2021, to have more time to consider the proposed changes.

The New York Stock Exchange LLC (NYSE) had proposed a rule change to expand how rights could be listed on the exchange. This proposal would have allowed issuers to offer rights to more than just current shareholders and to list these rights before the related security was listed. Although the proposal went through various procedural stages with the Securities and Exchange Commission, including discussions and extensions, it was eventually withdrawn by the NYSE on December 17, 2024.

The New York Stock Exchange (NYSE) has proposed a change to its rules for listing companies from outside North America. This proposal would allow companies listing for the first time, that are not already on another stock exchange, to have their worldwide shareholders count towards the NYSE's stockholder requirements. The intention is to make it easier for international companies to list on the NYSE and to enhance competition with Nasdaq. The Securities and Exchange Commission (SEC) is reviewing this proposal to ensure it protects investors and maintains market integrity. They are inviting public comments to help decide on approval.