Self-Regulatory Organizations; NYSE American LLC; Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change To Amend the Initial Listing Standards Set Forth in Sections 101 and 102 of the NYSE American Company Guide
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The Securities and Exchange Commission has issued a notice extending the review period for a proposed rule change filed by NYSE American LLC. The Exchange proposed amendments to the initial listing standards in Sections 101 and 102 of the NYSE American Company Guide. The proposal was published for public comment on February 4, 2026. Instead of deciding by the original 45-day deadline of March 21, 2026, the Commission is taking an additional 45 days. The new deadline for the Commission to approve, disapprove, or institute proceedings is May 5, 2026. No public comments have been received on the proposal so far.
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Key Changes
- Extends the Commission review period from the original 45-day deadline of March 21, 2026
- New deadline set for May 5, 2026 for approval, disapproval or proceedings
- Applies to proposed amendments to initial listing standards in Sections 101 and 102 of the NYSE American Company Guide
+ 3 more changes with Pro
Obligations
What this law requires
SEC must approve, disapprove, or institute proceedings to determine whether to disapprove the proposed rule change by May 5, 2026
NYSE American LLC must comply with the extended review period and await SEC decision by May 5, 2026 before the proposed amendments to Sections 101 and 102 of the NYSE American Company Guide can be implemented
NYSE American LLC must submit proposed rule changes in accordance with Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4