Market regulation · 17/12/2010Updated: 10/17/2026 · 1 min read
NYSE Proposes Rule Change to Reduce Supermajority Vote Requirement
Summary
The New York Stock Exchange (NYSE) has filed a proposed rule change with the SEC, in collaboration with NYSE Euronext, to eliminate the 80% supermajority vote requirement for amending or repealing Section 3.1 of its bylaws, a move aimed at increasing efficiency and reducing costs.