Federal Register #SR-NYSE-2026-44

SEC Notice: Proposed Amendment to NYSE Rule 1210 Registration Requirements

This notice from the Securities and Exchange Commission (SEC) concerns a proposed rule change by the New York Stock Exchange LLC (NYSE) to amend registration requirements for member organizations. - Government buyer: - Securities and Exchange Commission (SEC) - New York Stock Exchange LLC (NYSE) as the rule filer - OEMs and vendors mentioned: - NYSE (regulatory body) - Financial Industry Regulatory Authority, Inc. (FINRA) (regulatory body) - Products/services requested: - No products or services are being procured - No part numbers or quantities are mentioned - Unique or notable requirements: - Proposed reduction in waiting periods for retaking FINRA qualification exams - First and second failed attempts: waiting period reduced from 30 to 15 days - Third and subsequent failed attempts within two years: waiting period reduced from 180 to 60 days - Alignment of NYSE rules with recent FINRA changes - Focus on regulatory consistency and lowering barriers for industry entry - No procurement activity, contract value, or period of performance is specified

Description

The Securities and Exchange Commission (SEC) has filed a proposed rule change by the New York Stock Exchange LLC (NYSE) to amend NYSE Rule 1210 regarding registration requirements. The amendment aims to reduce the waiting periods for retaking FINRA qualification examinations to align with recent changes made by FINRA. Specifically, the waiting period after the first and second failed attempts is reduced from 30 to 15 calendar days, and after the third and subsequent failed attempts within two years from 180 to 60 calendar days. This change promotes consistency across regulatory frameworks and reduces barriers for individuals entering the securities industry.

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