Type:Notice
Citation:90 FR 1559
Reading Time:about 3 minutes
Nasdaq BX, Inc. has submitted a proposal to change the definitions of “class” and “series” in its rulebook, aiming to align them with those of its affiliated exchanges. This change was filed on December 20, 2024, and is immediately effective according to the Securities Exchange Act of 1934. The Securities and Exchange Commission (SEC) is asking the public for their comments and views on this proposed rule change. The details of the proposal and instructions for submitting comments can be found on the Nasdaq BX and SEC websites.
Simple Explanation
Nasdaq BX, a stock market company, wants to change some words in their rulebook to match other similar companies. The people in charge want to know if anyone has thoughts or ideas about this change.