Federal Register #SR-NASDAQ-2026-081

SEC Notice of Nasdaq Proposal on Timing of the $5 Million Continued-Listing Requirement

The SEC notice concerns Nasdaq’s proposed timing change for a $5 million continued-listing requirement. - Government agency: U.S. Securities and Exchange Commission (SEC). - Filing organization: The Nasdaq Stock Market LLC. - Proposed change: The 30-consecutive-business-day compliance period for the $5 million Market Value of Listed Securities requirement would begin on the first business day after the SEC’s stay ends; days before or during the stay would not count. - Status and requirements: The proposal became effective upon filing, subject to the SEC’s authority to temporarily suspend it. The SEC invited public comments. - Procurement scope: This is a regulatory notice, not a procurement opportunity. No products, services, OEMs, quantities, or contract value are specified.

Description

The Nasdaq Stock Market LLC filed a proposed rule change to modify the operative date of SR-Nasdaq-2026-004, which adopted a $5 million continued listing requirement. The proposed change would make the rule operative upon termination of the Commission’s stay, with the first business day counted toward the 30-consecutive-business-day compliance period being the business day after the stay terminates. The notice invites interested persons to submit comments on whether the proposed rule change is consistent with the Securities Exchange Act. Comments are due by October 29, 2026.

View original listing