30 May 2025
📊Cboe BYX Updates Data Disclosure Rules for NYSE Texas
Self-Regulatory Organizations; Cboe BYX Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend Rule 11.26(a)
Summary
The Cboe BYX Exchange proposes to amend Rule 11.26(a) to reflect the name change of NYSE Chicago, Inc. to NYSE Texas, Inc., ensuring accurate public disclosure of data sources used in order processing. The changes aim to enhance transparency and improve compliance in securities transactions.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change updates the disclosure requirements concerning data sources used in order processing, which aligns with compliance and regulatory standards. This impacts businesses involved in securities trading by enhancing transparency and reducing confusion, aiding compliance efforts.