13 May 2025
🏦NYSE Arca Proposes Rule Change for NYSE Texas Name Update
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change for Conforming Rules 7.37-E and 7.45-E
Summary
The NYSE Arca has filed a notice to reflect the name change of "NYSE Chicago, Inc." to "NYSE Texas, Inc." in its rules. The proposed changes are conforming and non-substantive, aiming to enhance clarity and transparency within the exchange's operational framework. This adjustment ensures compliance with regulatory standards and minimizes confusion among market participants.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change primarily addresses compliance requirements by updating the NYSE Arca rules to reflect the name change of an affiliate, which is crucial for maintaining correct regulatory and operational clarity in the financial markets. This impacts business owners and executives who must adhere to these regulations.