The New York Stock Exchange (NYSE) has proposed a rule change that would make certain information from its listed companies publicly available. Originally intended to be implemented in the last quarter of 2024, the new timeline moves the implementation to the first quarter of 2025. This delay allows NYSE more time to test its software for the new system. The Securities and Exchange Commission is gathering public comments on this proposal and has declared it effective, assuming it doesn’t conflict with investor protection or competition regulations.
Simple Explanation
The New York Stock Exchange wants to make some information from companies easier to see, but they need more time to get their computers ready. They decided to delay the changes until the start of next year.