Federal Register #SR-NYSEAMER-2026-51

SEC Notice: NYSE American LLC Rule Change for Monthly Customer Activity Review

This notice from the Securities and Exchange Commission (SEC) addresses a proposed rule change by NYSE American LLC impacting market participants: - Government Buyer: - Securities and Exchange Commission (SEC) - OEM/Vendor: - NYSE American LLC - Nature of Action: - Regulatory change, not a procurement - Amends Rule 900.2NY to require American Trading Permit (ATP) holders to review customer activity monthly (previously quarterly) - Focuses on timely and accurate designation of Professional Customer orders - Notable Requirements: - ATP holders must distinguish between Customer and Professional Customer orders more frequently - Aims to promote fair market practices and ensure proper order representation - No products, part numbers, or purchase quantities are involved, as this is not a procurement opportunity

Description

The Securities and Exchange Commission has issued a notice regarding a proposed rule change by NYSE American LLC. The rule change involves amending Rule 900.2NY to require American Trading Permit (ATP) holders to review customer activity on a monthly basis rather than quarterly. This change shortens the timeframe for ATP holders to make any necessary changes in how they represent orders, ensuring more timely designation of Professional Customer orders. The proposal aims to maintain the distinction between Customer and Professional Customer orders and promote fair market practices.

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