Federal Register #SR-NYSE-2026-10

SEC Approval of NYSE Rule Change for Generic Listing of Class ETF Shares

This SEC notice announces the accelerated approval of a New York Stock Exchange (NYSE) rule change for the generic listing and trading of Class Exchange-Traded Fund (ETF) Shares. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - No OEMs or vendors are mentioned; this is a regulatory action, not a procurement - Products/Services Requested: - No products or services are being procured - The notice pertains to regulatory changes for securities listing standards - Unique or Notable Requirements: - The rule change enables the generic listing of Class ETF Shares for Multi-Class Funds (funds with both exchange-traded and non-exchange-traded share classes) - Operates under exemptive relief from the Investment Company Act - Includes conforming amendments to NYSE rules and corporate governance requirements - Approval was granted on an accelerated basis, with no public comments received

Description

The New York Stock Exchange LLC (NYSE) filed a proposed rule change to adopt new Rule 5.2(j)(9) allowing the generic listing and trading of Class Exchange-Traded Fund (ETF) Shares. This rule change accommodates Multi-Class Funds that issue an exchange-traded class of shares alongside non-exchange-traded classes, operating under specific exemptive relief granted by the Investment Company Act. The proposal includes conforming changes to NYSE rules to support the listing of these Class ETF Shares and aims to facilitate fair and orderly markets while protecting investors. The Securities and Exchange Commission (SEC) granted accelerated approval of this rule change as modified by Amendment No. 2, with no comments received during the public comment period.

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