16 Apr 2025
📈NYSE American Proposes Regulatory Halt Rule Changes for 2025
Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Change To Amend Rule 7.18E and To Make Conforming Changes to Rules 1.1E, 7.11E, and 7.35E
Summary
NYSE American LLC proposes amendments to Rule 7.18E regarding trading halts, in alignment with the Amended CTA Plan. The changes aim to clarify and harmonize procedures for regulatory and operational halts across U.S. exchanges, ensuring consistent responses to cross-market events and enhancing market stability while protecting investors.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes impact trading practices across U.S. exchanges by establishing clearer criteria for regulatory halts and harmonizing procedures. These changes can lead to increased operational efficiency for businesses engaged in trading, as well as enhance market stability and investor confidence.