Search Results for keywords:"video conference hearings"

The Nasdaq Stock Market LLC has proposed a rule change to allow hearings to be held via video conference under certain conditions. This change aims to make it easier and safer for participants when in-person hearings are impractical due to situations like health risks or unforeseen events. While in-person hearings will still be the default, video conferencing could be used if it helps ensure the safety and efficiency of the proceedings. This proposal seeks to modernize Nasdaq’s processes and align them more closely with similar rules by the Financial Industry Regulatory Authority (FINRA).

The Securities and Exchange Commission (SEC) has received a rule change proposal from the NYSE American LLC that extends the expiration date of temporary amendments to certain rules, allowing hearings to be held via video conference due to COVID-19 public health concerns. These amendments, originally set to expire on December 31, 2020, will now be extended to April 30, 2021, aligning with similar adjustments made by the Financial Industry Regulatory Authority (FINRA). This temporary change is intended to ensure that disciplinary hearings can continue safely and without interruption during the ongoing pandemic. The SEC is inviting public comments on this proposed rule change.

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.

The NYSE Arca has extended the expiration date of temporary rules that allow disciplinary hearings to be conducted via video conference instead of in-person, due to COVID-19 health risks. Initially set to expire on December 31, 2020, the temporary amendments to Rules 10.9261 and 10.9830 will now last until April 30, 2021, aligning with similar extensions by the Financial Industry Regulatory Authority (FINRA). The proposed rule change does not alter the rule texts but ensures that disciplinary actions and hearings can continue safely and without delay during the ongoing pandemic. The Securities and Exchange Commission has waived the usual waiting period so the changes can take effect immediately.