Federal Register #SR-NYSETEX-2026-26

SEC Review of NYSE Texas, Inc. Proposed Listing Standards Update

This notice concerns a proposed regulatory update by the Securities and Exchange Commission (SEC) regarding NYSE Texas, Inc.: - The SEC is reviewing a proposed rule change from NYSE Texas, Inc., a self-regulatory organization - The proposal seeks to amend initial and continued listing standards for securities on NYSE Texas, Inc. - Updates include revised definitions (e.g., net tangible assets, publicly held shares) - Increases to minimum bid prices for common and preferred stock - Higher shareholder requirements and updated financial metrics (e.g., stockholders equity, market value) - The amendments are designed to align NYSE Texas's standards with those of other national exchanges (NYSE, NYSE American, Nasdaq) - The intent is to promote fair trading, prevent fraud, enhance investor protection, and improve the national market system - No procurement of products or services is involved; only regulatory changes are proposed - OEMs or vendors mentioned: NYSE Texas, Inc. (as the exchange), SEC (as the regulator), with references to other exchanges for comparison

Description

The Securities and Exchange Commission (SEC) has issued a notice regarding a proposed rule change by NYSE Texas, Inc. to amend certain initial and continued listing standards. The amendments aim to align NYSE Texas's listing standards with those of other national securities exchanges, facilitating new listings and enhancing investor protection. Changes include adjustments to definitions, minimum bid prices, shareholder requirements, and financial metrics such as stockholders equity. The proposal is designed to promote fair trading, prevent fraudulent practices, and improve the national market system.

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