Federal Register #SR-LTSE-2026-26

SEC notice on LTSE proposal to delay trading resumption after a Level 3 market-wide halt

This SEC notice concerns a proposed trading-halt rule change, not a procurement opportunity. - Government agency: Securities and Exchange Commission (SEC). - Proponent: Long-Term Stock Exchange, Inc. (LTSE). - Proposed change: Amend LTSE Rule 11.280 so trading in all stocks on the exchange remains halted until 4:00 a.m. ET or later on the trading day after a Level 3 market-wide circuit breaker halt. - The proposal is intended to preserve a cooling-off period, support broader participation and price discovery, and maintain consistent market rules as overnight trading expands. - The market-wide circuit breaker mechanism itself would not change. The notice invites public comments.

Description

Long-Term Stock Exchange, Inc. proposes to amend Rule 11.280 concerning the resumption of trading after a Level 3 market-wide circuit breaker halt. The change would specify that trading resumes no earlier than 4:00 a.m. ET on the following trading day, preserving the current resumption time as exchanges expand to overnight trading. The Exchange plans to implement the change on December 6, 2026. The notice requests comments on the proposed rule change by November 23, 2026.

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