📈Proposed Amendments to MEMX Holdings LLC Agreement
Self-Regulatory Organizations; MX2 LLC; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Eighth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC
Summary
The Securities and Exchange Commission published a notice regarding a proposed rule change to amend the Eighth Amended and Restated Limited Liability Company Agreement of MEMX Holdings LLC. This includes updating provisions relating to member equity rights and clarifying various sections, enhancing transparency and governance within the organization.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines proposed amendments to the Holdco LLC Agreement of MEMX Holdings LLC, including changes to pre-emptive rights for members regarding new securities, which can influence their investment strategies and ownership stakes. The changes to member rights can impact market participation and financing mechanisms within the exchange, necessitating compliance from affected business owners.