6c- Index

In April 2020, the SEC approved new ETF listing rules for Nasdaq, Cboe, and NYSE Arca, allowing all eligible ETFs to list automatically under Rule 6c-11, which removes the need for individual exemptive orders. This change standardizes ETF regulation and reduces barriers for new ETFs. The new rules eliminate differences between Rule 6c-11 and existing Exchange requirements, streamlining the process for listing and trading ETFs. ETFs must meet specific requirements, including having a minimum number of shares and beneficial holders, and adhere to 'firewall' requirements to prevent misuse of nonpublic information.

In April 2020, the SEC approved new ETF listing rules for Nasdaq, Cboe, and NYSE Arca, allowing all eligible ETFs to list automatically under Rule 6c-11, which removes the need for individual exemptive orders. This change standardizes ETF regulation and reduces barriers for new ETFs. The new rules eliminate differences between Rule 6c-11 and existing Exchange requirements, streamlining the process for listing and trading ETFs. ETFs must meet specific requirements, including having a minimum number of shares and beneficial holders, and adhere to 'firewall' requirements to prevent misuse of nonpublic information.