12 Sep 2025
📈NYSE Proposed Rule Change Extends Timestamp Granularity Exemption
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Rule 6800 Series
Summary
The New York Stock Exchange (NYSE) has filed a proposed rule change to amend its compliance rule on timestamp granularity, extending an already established exemption until April 8, 2030. This update aims to ensure consistent reporting standards for the Consolidated Audit Trail, facilitating compliance by Industry Members using fine-tuned timestamp data.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change amends compliance rules related to the National Market System Plan Governing the Consolidated Audit Trail, which affects Industry Members' reporting procedures for timestamp data. This impacts business operations and compliance for entities involved in trading NMS Securities and OTC Equity Securities.