15 Sep 2025
⏱️NYSE Texas Proposes Rule Change on Timestamp Granularity Compliance
Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Rule 6.6800 Series
Summary
The NYSE Texas proposes amendments to its Compliance Rule 6.6800 Series to align with the SEC's 2025 Timestamp Granularity Exemption. This change extends the timeframe for compliance related to timestamp reporting from April 2025 to April 2030, affecting how industry members report data to the Consolidated Audit Trail. The proposal highlights the importance of maintaining exact timestamp granularity in the financial reporting process.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed amendment to Rule 6.6800 Series by NYSE Texas extends compliance timelines regarding timestamp granularity, directly impacting financial firms' reporting processes to the CAT. This affects industry members' operations, necessitating adjustments to systems and compliance measures.