27 Jan 2025
📈SEC Extends Decision on Green Impact Exchange Registration
In the Matter of the Application of Green Impact Exchange, LLC for Registration as a National Securities Exchange; Notice of Designation of a Longer Period for Commission Action on Proceedings To Determine Whether To Grant or Deny an Application for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory notice details an application by Green Impact Exchange for registration as a national securities exchange, which could impact business operations, compliance, and financial activities. The SEC's extension of decision time reflects increased scrutiny over new exchanges and their governance standards, potentially affecting business plans in the securities market.