14 Jul 2025
🏦SEC Commences Review of Texas Stock Exchange Registration Application
In the Matter of the Application of Texas Stock Exchange LLC for Registration as a National Securities Exchange; Order Instituting 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 Securities and Exchange Commission is reviewing the application filed by Texas Stock Exchange LLC for registration as a national securities exchange. This includes examining the proposed trading system, governance structure, and feedback from public comments, aiming to ensure compliance with the Securities Exchange Act of 1934.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document pertains to the application of Texas Stock Exchange LLC for registration as a national securities exchange, involving compliance and regulatory requirements that business owners and executives must heed, especially those in finance. This affects market operations and potential new trading platforms.