Market regulation · 15/12/2004Updated: 10/17/2026 · 1 min read
National Association of Securities Dealers, Inc. Filing for Rule Change Regarding Nasdaq Stock Market Preferred Stock
Summary
The National Association of Securities Dealers, Inc. has filed a proposed rule change with the Securities and Exchange Commission, which, if approved, would allow The Nasdaq Stock Market, Inc. to issue a new type of preferred stock, a Certificate of Designation, without prior approval from the SEC.