12 Sep 2025
⏳SEC Publishes NYSE Rule Change on Timestamp Granularity Exemption
Self-Regulatory Organizations; NYSE National, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Rule 6.6800 Series
Summary
The SEC has published a notice concerning a proposed rule change by NYSE National, aiming to amend Rule 6.6800 Series to align with the 2025 Timestamp Granularity Exemption. The amendment extends the exemption period, ensuring compliance for industry members with precise timestamp reporting to the Central Repository, facilitating regulatory oversight of market data.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The document outlines a proposed rule change to amend compliance rules for timestamp granularity, extending an exemption until April 2030. This impacts firms involved in trading and requires compliance with these rules, indicating regulatory oversight and potential costs or operational adjustments for businesses in the securities market.