27 Aug 2025
📈SEC Notice on Dream Exchange's Securities Exchange Registration
In the Matter of the Application of Dream Exchange Holdings, Inc. 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
Summary
The SEC has announced a longer period for reviewing Dream Exchange Holdings, Inc.'s application for national securities exchange registration. Initially filed in February 2025, the application and its amendments have received no public comments. The new deadline for a decision is set for November 28, 2025, allowing the SEC more time to assess compliance with regulatory standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice details the application process for Dream Exchange Holdings, Inc. to register as a national securities exchange. Executives should note the extended time frames and compliance requirements outlined by the SEC, potentially impacting operational timelines and strategy.