8 Jan 2025
đNasdaq Proposes Rule Change on Class and Series Definitions
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Definitions of âClassâ and âSeriesâ To Harmonize Terms With Affiliated Exchanges
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes to amend the definitions of âclassâ and âseriesâ could impact compliance and regulatory requirements for businesses trading on Nasdaq. These changes aim to harmonize terms with affiliated exchanges, which may necessitate adjustments in trading practices and reporting protocols.