12 Sep 2025
📈SEC Grants Exemption to NYSE Texas for Rule Changes
Order Granting Application by NYSE Texas, Inc. for an Exemption Pursuant to Section 36(a) of the Exchange Act From the Rule Filing Requirements of Section 19(b) of the Exchange Act With Respect to Certain Rules Incorporated by Reference
Summary
The SEC has granted NYSE Texas an exemption from certain rule filing requirements under the Exchange Act, allowing it to incorporate rules from NYSE Arca by reference. This move is aimed at enhancing operational efficiency and maintaining consistency between the exchanges' rules without duplicative filings.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The text involves the Securities and Exchange Commission granting an exemption for the NYSE Texas, impacting regulatory compliance for exchanges. This exemption allows NYSE Texas to adopt changes to rules without filing separately, simplifying compliance processes and promoting consistency.