Federal Register #SR-NYSETEX-2026-38

NYSE Texas proposes bylaw changes to member participation and director nominations

The Securities and Exchange Commission (SEC) published a notice about a proposed NYSE Texas, Inc. bylaw change; this is a regulatory matter, not a procurement opportunity. - Government agency: Securities and Exchange Commission (SEC). The proposal was filed by NYSE Texas, Inc.; no purchasing agency or sub-agency is identified. - Organization named: NYSE Texas, Inc. No OEMs, manufacturers, resellers, or other vendors are identified. - Proposed changes would replace “Permit Holders” with “Participants,” clarify that a Participant is any member as defined in the Securities Exchange Act, and remove the requirement that nominees for Non-Affiliated Director be Participants. - The changes are intended to include exchange members without trading permits in director representation and give the Nominating Committee greater flexibility in selecting nominees. - No products, services, part numbers, quantities, or procurement-specific requirements are stated.

Description

NYSE Texas, Inc. proposes amendments to its bylaws to replace references to “Permit Holders” with “Participants” and clarify the definition of Participant. The changes would remove the requirement that a fair representation director nominee be a Participant, allowing the Nominating Committee to nominate other individuals. The proposal also includes a conforming technical change to the bylaw title. The notice solicits public comments on the proposed rule change.

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