SECURITIES AND EXCHANGE COMMISSION
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-106348; File No. SR-NYSEAMER-2026-17]
Self-Regulatory Organizations; NYSE American LLC; Notice of Designation of Longer
Period for Commission Action on Proceedings to Determine Whether to Approve or
Disapprove a Proposed Rule Change to Amend Sections 1003 and 1009 of the NYSE
American Company Guide
September 14, 2026.
On March 6, 2026, NYSE American LLC (“NYSE American” or the “Exchange”) filed
with the Securities and Exchange Commission (“Commission”), pursuant to Section 19(b)(1) of
the Securities Exchange Act of 1934 (“Act”) 1 and Rule 19b-4 thereunder,2 a proposed rule
change to amend Sections 1003 and 1009 of the NYSE American Company Guide to establish
that an issuer must maintain a certain market capitalization in order to remain listed on the
Exchange. The proposed rule change was published for comment in the Federal Register on
March 20, 2026.3
On April 29, 2026, pursuant to Section 19(b)(2) of the Act, 4 the Commission designated a
longer period within which to take action on the proposed rule change. 5 On June 2, 2026, the
1
15 U.S.C. 78s(b)(1).
2
17 CFR 240.19b-4.
3
See Securities Exchange Act Release No. 105036 (Mar. 17, 2026), 91 FR 13645. Comments received on
the proposed rule change are available at: https://www.sec.gov/rules-regulations/public-comments/srnyseamer-2026-17.
4
15 U.S.C. 78s(b)(2).
5
See Securities Exchange Act Release No. 105334, 91 FR 24023 (May 4, 2026). The Commission
designated June 18, 2026, as the date by which the Commission should approve, disapprove, or institute
proceedings to determine whether to disapprove the proposed rule change. See id.
Commission initiated proceedings under Section 19(b)(2)(B) of the Act6 to determine whether to
approve or disapprove the proposed rule change. 7
Section 19(b)(2) of the Act8 provides that, after initiating proceedings, the Commission
shall issue an order approving or disapproving the proposed rule change not later than 180 days
after the date of publication of notice of filing of the proposed rule change. The Commission
may extend the period for issuing an order approving or disapproving the proposed rule change,
however, by not more than 60 days if the Commission determines that a longer period is
appropriate and publishes the reasons for such determination. The proposed rule change was
published for comment in the Federal Register on March 20, 2026.9 The 180th day after
publication of the proposed rule change is September 16, 2026. The Commission is extending the
time period for approving or disapproving the proposed rule change for an additional 60 days.
The Commission finds it appropriate to designate a longer period within which to issue
an order approving or disapproving the proposed rule change so that it has sufficient time to
6
15 U.S.C. 78s(b)(2)(B).
7
See Securities Exchange Act Release No. 105597, 91 FR 34263 (June 5, 2026).
8
15 U.S.C. 78s(b)(2).
9
See supra note 3 and accompanying text.
2
consider the proposed rule change and the issues raised therein, as well as the comments
received. Accordingly, the Commission, pursuant to Section 19(b)(2) of the Act, 10 designates
November 15, 2026, as the date by which the Commission shall either approve or disapprove the
proposed rule change (File No. SR-NYSEAMER-2026-17).
For the Commission, by the Division of Trading and Markets, pursuant to delegated
authority.11
J. Matthew DeLesDernier,
Deputy Secretary.
10
15 U.S.C. 78s(b)(2).
11
17 CFR 200.30-3(a)(57).
3
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.