📈Overview of the Twenty-Fourth Amendment to the NMS Plan
Joint Industry Plan; Notice of Filing and Immediate Effectiveness of the Twenty-Fourth Amendment to the National Market System Plan To Address Extraordinary Market Volatility by Cboe BZX Exchange, Inc., Cboe BYX Exchange, Inc., Cboe EDGA Exchange, Inc., Cboe EDGX Exchange, Inc., Financial Industry Regulatory Authority, Inc., Investors Exchange LLC, Long-Term Stock Exchange, MEMX LLC, MIAX PEARL, LLC, NASDAQ BX, Inc., NASDAQ PHLX LLC, The Nasdaq Stock Market LLC, New York Stock Exchange LLC, NYS
Summary
The Securities and Exchange Commission has announced the immediate effectiveness of the Twenty-Fourth Amendment to the National Market System Plan, reflecting NYSE Chicago, Inc.'s name change to NYSE Texas, Inc. This non-substantive amendment is part of efforts to address extraordinary market volatility and maintain operational integrity among participants. Comments from the public are invited as part of the regulatory process.
Agencies
- Securities and Exchange Commission
Business Impact
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The text discusses the Twenty-Fourth Amendment to the National Market System Plan, which is relevant for businesses engaged in securities trading and exchanges, as it potentially impacts compliance with updated regulatory standards. Business owners and executives should be aware of this change for operational adherence.