*Letters

NYSE’s Proposed Retail Liquidity Program for NYSE-Listed Securities & NYSE AMEX Equities Traded Securities

Published on:
March 23, 2012
Issues:
Committee:

SIFMA provides comments to the Securities and Exchange Commission (SEC) on its order instituting proceedings to determine  whether to disapprove proposed rule changes related to the New York Stock Exchange LLC (NYSE) and NYSE Amex LLC (NYSE Amex) proposed Retail Liquidity Program (Program), Securities Exchange Act Release No. 34-66346 (File No. SR NYSE-2011-55 and File No. SR-NYSEAmex-2011-84).  SIFMA believes that the Program is inconsistent with certain provisions of the Exchange Act and the SEC should therefore disapprove the Exchanges’ proposed rule changes.  SIFMA maintains that the Program and related request for an exemption from the prohibitions against sub-penny accepting and ranking under Regulation NMS raise significant market structure concerns that the SEC itself has raised in recent releases.

Details

Download

More Content

  • Letters
    Oct 22, 2026

    Treasury/IRS Notice 2026-49: Guidance on Section 324 of the SECURE 2.0 Act with Respect to Rollovers

    SIFMA supports modernizing retirement plan rollovers through standardized electronic processes, fraud safeguards and appropriate implementation timelines.
  • Amicus Briefs
    Oct 21, 2026

    In re USD LIBOR Litigation

  • Letters
    Oct 20, 2026

    SEC’s Proposed Rule Regulation Crypto Assets

    SIFMA and SIFMA AMG provide recommendations to the SEC on its proposed crypto asset regulation, addressing regulatory clarity, implementation and investor protection.

Get the latest trends, stats, and research on financial markets and securities.