Search Results for keywords:"New York Stock Exchange"

The New York Stock Exchange LLC (NYSE) filed a proposal with the Securities and Exchange Commission (SEC) to amend rules about reverse stock splits, aiming to prevent companies that fall below certain price criteria from using reverse stock splits to reclaim compliance under specific circumstances. The SEC is taking extra time beyond the usual 45-day review period to evaluate this proposal and any comments received. They have extended the deadline to either approve or disapprove the changes to January 15, 2025. The proposal was initially published for public comment on October 17, 2024.

The New York Stock Exchange LLC (NYSE) has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to extend the fee waiver for new bonds trading license applications and to eliminate the bond trading license fee for 2025. This proposal was filed on December 19, 2024, and is effective immediately. The SEC is inviting the public to send their comments regarding this proposed rule change by January 27, 2025. Submissions should reference file number SR-NYSE-2024-83 for proper processing.

The New York Stock Exchange LLC filed a proposed rule change with the Securities and Exchange Commission to expand the Per User Access Fee for certain market data products, effective January 16, 2025. This change applies specifically to Redistributors of the NYSE Aggregated Lite and NYSE Pillar Depth data feeds. The proposal has been made effective immediately, and the public is invited to comment on this rule change until February 21, 2025. Comments can be sent via email or through the SEC's internet comment form.

The New York Stock Exchange (NYSE) has proposed a rule change regarding the compliance plans of listed companies that are below required standards. This change states that the NYSE will not review the compliance plans of companies if they have unpaid fees, and will start suspension or delisting if these fees are not paid on time. The rule was initially published for public comment, but no comments have been received. The Securities and Exchange Commission (SEC) has extended its review period to January 14, 2025, to allow more time to make a decision on the proposal.

The Securities and Exchange Commission (SEC) is reviewing a proposal from the New York Stock Exchange (NYSE) that would require companies to pay all outstanding fees before their compliance plans can be reviewed if they are below listing standards. If fees remain unpaid by a certain deadline, the NYSE could begin suspension and delisting procedures immediately. The SEC is concerned about whether this change is fair, promotes just and equitable trade principles, and protects investors. They are inviting comments from the public to help decide whether the rule should be approved.

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 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 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.

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.

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.