NYSE Arca Eliminates Outdated Publication and Posting Requirements for OTP and Floor Broker Applications
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NYSE Arca has filed a rule change to delete requirements in Rules 2.4, 2.6, and 6.44-O that mandated posting names of OTP and Floor Broker applicants on a physical bulletin board for three business days and publishing new OTP holders in the Weekly Bulletin. The Exchange no longer accepts public comments on these applications, relying instead on objective qualification criteria. Information is now provided through a publicly available online Membership Directory on the NYSE website. The Exchange will also discontinue the Weekly Bulletin and the physical bulletin board on the Trading Floor as these are now redundant. The SEC has approved the change to become effective immediately upon filing on March 12, 2026.
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Key Changes
- Delete Rule 2.4(b) requirement to post OTP applicant names for three business days
- Eliminate Rule 2.6 requirement to publish new OTP Holders in the Weekly Bulletin
- Remove Rule 6.44-O(a) requirement to post Floor Broker applicant names on the Trading Floor bulletin board for three business days
+ 3 more changes with Pro