The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change by NYSE National, Inc. This change extends the expiration date of temporary amendments to its rules allowing hearings via video conference from December 31, 2020, to April 30, 2021. These amendments were initially made to accommodate public health concerns during the COVID-19 pandemic. The change aligns with similar actions taken by the Financial Industry Regulatory Authority (FINRA) and aims to ensure that hearings can proceed safely and without significant delays during the pandemic.
Simple Explanation
Sometimes people have meetings over the internet instead of in person to stay safe and healthy. The rule change lets these online meetings keep happening a bit longer because of the health concerns.