4 Mar 2025
📈SEC Approves NYSE’s Amendment for Trading Debt Securities
Order Under Section 36 of the Securities Exchange Act of 1934 (the “Exchange Act”) Granting the New York Stock Exchange LLC's Application To Amend a Conditional Exemption From Section 12(a) of the Exchange Act
Summary
The Securities and Exchange Commission has granted the New York Stock Exchange approval to amend a prior exemption, allowing issuers of debt securities to trade on NYSE Bonds even if their securities are not registered with the Exchange Act, provided certain conditions are met. This aims to improve competition and transparency in the public debt markets.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The text discusses the SEC's approval of the NYSE's request to amend a conditional exemption regarding the trading of debt securities not registered under the Exchange Act. This can affect businesses by expanding opportunities for issuing and trading debt securities, thereby enhancing access to capital markets.