Notice of Rule Change to Amend Rule 13.4(a) Regarding Name Change of Nasdaq BX, Inc.
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This law is a notice regarding the proposed rule change by MEMX LLC to amend Rule 13.4(a) to reflect the name change of Nasdaq BX, Inc. to Nasdaq Texas, LLC. The amendment aims to update the rulebook to ensure clarity and transparency in the Exchange's data feed usage following the corporate conversion of Nasdaq BX to Nasdaq Texas.
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Key Changes
- Amendment of Rule 13.4(a) to change Nasdaq BX, Inc. to Nasdaq Texas, LLC
- The amendment includes a non-substantive change with no regulatory concerns
- The rule change is intended to enhance clarity and transparency
Obligations
What this law requires
MEMX LLC must amend Rule 13.4(a) to replace all references to 'Nasdaq BX, Inc.' with 'Nasdaq Texas, LLC' to reflect the entity's name change and corporate conversion
MEMX LLC must update its rulebook to ensure Rule 13.4(a) clearly lists all specific network processor and proprietary data feeds utilized for handling, routing, execution of orders, and regulatory compliance monitoring
MEMX LLC must maintain publicly accessible documentation of the rule change on its website at https://info.memxtrading.com/regulation/rules-and-filings/
MEMX LLC must file any proposed rule changes with the SEC pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder
The SEC may temporarily suspend the rule change within 60 days of filing if it determines such action is necessary or appropriate in the public interest or for protection of investors