🏛️SEC Notice on Consolidated Tape Association Amendment Filing
Consolidated Tape Association; Notice of Filing and Immediate Effectiveness of the Twenty-Eighth Amendment to the Second Restatement of the CTA Plan and Twenty-Ninth Amendment to the Restated CQ Plan
Summary
The SEC has published a notice regarding the immediate effectiveness of amendments to the Consolidated Tape Association and Consolidated Quotation Plans. These amendments primarily involve name changes for certain exchanges and aim to streamline regulatory compliance. Interested parties are invited to comment on the proposed changes, which reflect administrative updates essential for accurate market representation.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The filing of the amendments by the SEC impacts business owners and executives by reflecting changes in the operational structure of major exchanges. This could affect trading practices and compliance requirements. The text emphasizes "Ministerial Amendments," indicating minor but necessary updates in the regulatory framework that participants must adhere to, which may involve operational adjustments.