23 May 2025
📈SEC Proposal
Joint Industry Plan; Notice of Filing and Immediate Effectiveness of the Fifty-Third Amendment to the Joint Self-Regulatory Organization Plan Governing the Collection, Consolidation and Dissemination of Quotation and Transaction Information for Nasdaq-Listed Securities Traded on Exchanges on an Unlisted Trading Privileges Basis
Summary
The SEC announces the Fifty-Third Amendment to the UTP Plan, updating the name of NYSE Chicago, Inc. to NYSE Texas, Inc., and making minor adjustments to the names and addresses of other exchanges. The amendment is classified as a “Ministerial Amendment,” allowing for immediate filing and effectiveness without extensive changes to regulations or competition.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text pertains to changes in the UTP Plan by the SEC that may affect how Nasdaq-listed securities are quoted and traded. Business owners, especially those in financial services, must stay compliant with naming conventions and updates within the self-regulatory organization landscape.