2025-17603Notice

NYSE American Pushes Timestamps to 2030—Yawn-Worthy Extension

Published Date: 9/12/2025

Notice

Summary

NYSE American is updating its rules to extend a special exemption about how precise trade timestamps need to be, pushing the deadline from 2025 to 2030. This change affects traders and firms using the Exchange’s systems, giving them more time to comply without extra costs. The update kicks in right away, keeping things smooth and clear for everyone involved.

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

Timestamp Exemption Extended to 2030

The Exchange updates Rule 6860(a)(2) to extend the exemption that currently ends April 8, 2025 so it will now remain in effect until April 8, 2030. This extension means the same exemptive relief approved May 2, 2025 will apply through April 8, 2030.

Nanosecond Truncation Requirement Continues

Industry Members that capture timestamps more granular than nanoseconds must continue truncating timestamps after the nanosecond level (not rounding) when submitting data to the CAT Central Repository, now through April 8, 2030. The Exchange amended Rule 6860(a)(2) to state this truncation requirement explicitly through that date.

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Key Dates

Effective Date
Published Date
8/27/2025
9/12/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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