📈GIX Registration as a National Securities Exchange Approved
In the Matter of the Application of Green Impact Exchange, LLC for Registration as a National Securities Exchange; Findings, Opinion, and Order of the Commission
Summary
The Securities and Exchange Commission has granted approval for Green Impact Exchange (GIX) to register as a national securities exchange, marking a new chapter in the regulation of securities trading. The text details the procedural history of GIX's application, necessary amendments, and the governance structure set to ensure compliance with federal securities laws.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document outlines Green Impact Exchange's (GIX) application for registration as a national securities exchange, with potential compliance and regulatory requirements impacting the business landscape for securities trading. GIX's governance structure and regulatory framework reflect significant changes in owner influence and regulatory obligations, which could affect future market operations.