5 Aug 2025
🏦SEC Notice on Texas Stock Exchange Application and Amendments
Texas Stock Exchange LLC; Notice of Filing of Amendment No. 2 to an Application for Registration as a National Securities Exchange Under Section 6 of the Securities Exchange Act of 1934
Summary
The Securities and Exchange Commission published a notice regarding Texas Stock Exchange LLC's pursuit of national registration under the Securities Exchange Act. The notice includes details on TXSE's operational structure, proposed rule amendments, and invites public comments for further evaluation of its application.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The Texas Stock Exchange LLC (TXSE) is pursuing registration as a national securities exchange, which will require compliance with SEC regulations. This impacts broker-dealers and market makers, who must adapt to the new operational framework and rules, including ownership limitations outlined in the amendments. This potential new exchange could influence market dynamics affecting business operations and investments.