28 Apr 2025
📈NYSE Proposes Rule Change for Affiliate Name Update
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change for Conforming Rules 7.37 and 17
Summary
The New York Stock Exchange is filing a proposed rule change to conform its rules to reflect the name change of its affiliate from NYSE Chicago, Inc. to NYSE Texas, Inc. The changes are non-substantive and aim to enhance clarity and transparency in trading rules, simplifying compliance for market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$ - Low
The proposed rule change involves conforming updates to the NYSE's rules following a name change of its affiliate, which reflects regulatory compliance requirements. Businesses associated with the NYSE must update internal documentation to reflect these changes, ensuring clarity and adherence to regulatory standards.