6 May 2025
📈NYSE Proposes Rule Change for Trading Unlisted Debt Securities
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Exchange Rules 1400 and 1401
Summary
The Securities and Exchange Commission has published a notice regarding the New York Stock Exchange's proposed amendments to Rules 1400 and 1401, aimed at enhancing the trading of unlisted debt securities on its NYSE Bonds platform. The proposed changes seek to expand trading options, improve regulatory compliance, and promote a competitive and transparent bond market.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change amends Exchange Rules 1400 and 1401, which directly affects the trading of unlisted debt securities on the NYSE Bonds platform. This change enables greater access to a wider array of debt securities for investors and might affect trading strategies for businesses and individual investors.