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2025-04082 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Adopt a Provision That the Exchange Will Not Review a Compliance Plan Submitted by a Listed Company That is Below Compliance With a Continued Listing Standard if the Company Owes Any Unpaid Fees to the Exchange and Will Instead Immediately Commence Suspension and Delisting Procedures if Such Fees Are Not Paid in Full
March 14, 2025
Type:Notice
Citation:90 FR 12187
Reading Time:about 3 minutes
The Securities and Exchange Commission (SEC) has received a proposed rule change from the New York Stock Exchange (NYSE), which suggests modifications to its manual regarding compliance plans for listed companies. The proposed change states that the NYSE will no longer review compliance plans from companies that have unpaid fees and will start suspension and delisting proceedings if these fees remain unpaid. The SEC is extending the time to consider this rule change by 60 days to ensure there is enough time for thorough review. By June 13, 2025, the SEC will decide whether to approve or disapprove the proposal.
Simple Explanation
The SEC is taking more time to decide if NYSE's new rule is okay: if a company doesn't pay its bills, NYSE won't listen to their plans to fix things and will start kicking them out until they pay up.
2024-30913 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Extend the Timeline To Implement the Proposed Rule Change To Enhance How NYSE Would Make Certain Information the Exchange Receives From Its Listed Companies Publicly Available
December 30, 2024
Type:Notice
Citation:89 FR 106688
Reading Time:about 6 minutes
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.
2021-01590 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Offer Certain Listed Companies Access to a Complimentary Board Recruiting Solution To Help Advance Diversity on Company Boards
January 26, 2021
Type:Notice
Citation:86 FR 7148
Reading Time:about 2 minutes
The Nasdaq Stock Market LLC submitted a rule change proposal to the Securities and Exchange Commission (SEC) to provide certain listed companies with a free board recruiting service aimed at increasing diversity on company boards. The proposal was initially published for public comment on December 10, 2020. The SEC has extended the time for its decision on this proposal to March 10, 2021, to allow more time for consideration of the proposal and public feedback. This extension was agreed upon by the Nasdaq Stock Market LLC.
Simple Explanation
Nasdaq wants to help some of the companies on its list find diverse people to join their boards by giving them free help. The government agency in charge of making sure everything is fair needs more time to think about this idea and has until March 10, 2021, to decide.

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