Nasdaq's $5 Million Listing Rule Gets Extended SEC Scrutiny
Published Date: 3/16/2026
Notice
Summary
The SEC is taking more time to decide on Nasdaq’s new rule that would require companies to have at least $5 million in market value to stay listed. This affects companies on Nasdaq and could impact their ability to stay on the exchange. The decision deadline is now extended to April 29, 2026, giving the SEC extra time to review the rule and comments.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 1 costs, 1 mixed.
New $5M Nasdaq Listing Floor
Nasdaq proposed a rule that would require a company to have at least $5,000,000 in market value of listed securities to remain listed. This change would affect companies listed on Nasdaq and could impact their ability to stay on the exchange.
SEC Extends Review Deadline
The SEC extended the 45-day review period and set April 29, 2026 as the new date to decide on the Nasdaq proposal. The original 45th day after publication was March 15, 2026, so the SEC has extra time to consider the rule and public comments.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in