# Federal Register #SR-NYSETEX-2026-38

NYSE Texas proposes bylaw changes to member participation and director nominations

**Buyer:** Securities and Exchange Commission
**Posted:** November 02, 2026
**Respond By:** November 23, 2026
**Identifier:** SR-NYSETEX-2026-38

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.

[View original listing](https://www.federalregister.gov/documents/2026/11/02/2026-22260/self-regulatory-organizations-nyse-texas-inc-notice-of-filing-and-immediate-effectiveness-of)