Nasdaq Texas Hits Dual-List Companies with New Fees Immediately
Published Date: 3/30/2026
Notice
Summary
Nasdaq Texas is rolling out new fees for companies that list their stocks on both Nasdaq Texas and another exchange at the same time. This change affects businesses with dual listings and starts immediately, helping Nasdaq Texas cover costs while keeping things fair. If you’re a company thinking about listing, get ready to pay these new fees starting now!
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
One-Time $10,000 Dual-Listing Entry Fee
If your company dually lists one or more classes of securities on Nasdaq Texas, you must pay a single entry fee of $10,000. Nasdaq Texas will waive this $10,000 fee for companies that list on or before December 31, 2026, and any company that lists during the waiver period and still maintains dual listing status on or after January 1, 2027 will be exempt from paying the $10,000 entry fee in any subsequent year.
Annual $2,500 Dual-Listing Fee
If your company is dually listed on Nasdaq Texas, it must pay a single annual fee of $2,500 assessed on January 1 each year, regardless of the number of classes listed. The first year’s fee is prorated by month of listing, companies listed on January 1 owe the full year fee even if they delist later, and Nasdaq Texas is waiving this annual fee until December 31, 2026 (all dually listed companies will be subject to the $2,500 annual fee on or after January 1, 2027).
Rule Effective Immediately; 60-Day Review Window
The Nasdaq Texas rule establishing dual listing fees became effective upon filing on March 23, 2026, so the fees and waivers described above are in place now. The SEC may summarily suspend the rule at any time within 60 days of the filing, and comments on the filing are requested by April 20, 2026.
Personalized for You
How does this regulation affect your finances?
Personalize government policy and PRIA will tell you what this federal register document means for your household, plus every other regulation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-17183, Regulation Crypto Assets
The Securities and Exchange Commission ("Commission") is proposing new rules to create a tailored offering regime for certain investment contracts involving crypto assets. The proposed offering regime is intended to facilitate capital formation and accommodate innovation within the crypto asset markets while, at the same time, ensuring that investors are adequately protected and provided with the information they need to make informed investment decisions. The proposed rules would be set forth in a new regulation titled "Regulation Crypto Assets" and would include two exemptions from the registration requirements of section 5 of the Securities Act of 1933. The first exemption would permit offerings of up to $5 million during a four-year period. The second exemption would permit offerings of up to $75 million during each 12-month period. Under both exemptions, issuers would be required to make certain principles-based narrative disclosures available to their investors. In addition, issuers under the second exemption would be required to provide financial statements and would be subject to ongoing reporting requirements. Issuers that rely on these exemptions would remain subject to the antifraud and antimanipulation provisions of the Federal securities laws. The proposed rules also would include a conditional safe harbor from the term "investment contract" in the definitions of "security" in the Securities Act of 1933 and the Securities Exchange Act of 1934. If the conditions of that proposed safe harbor are satisfied, then a crypto asset would be deemed not to be subject to an investment contract for purposes of those definitions of "security."
2026-12163, The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373, Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222, Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651, Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-17058, Self-Regulatory Organizations; Nasdaq ISE, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Exchange's Connectivity Schedule and Discontinue a Previously Proposed Offering
Previous / Next Documents
Previous: 2026-06044, Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Filing of Amendment No. 1 and Order Granting Accelerated Approval of a Proposed Rule Change, as Modified and Superseded by Amendment No. 1, To Amend Functionality Relating to the Processing of Auction Responses
Cboe Exchange is updating how it handles auction responses to speed things up and make trading smoother for investors and traders. The Securities and Exchange Commission quickly approved these changes, which will take effect soon and could help markets work better without extra costs. This update mainly affects people using Cboe’s auction system for certain types of trades.
Next: 2026-06046, Self-Regulatory Organizations; Cboe C2 Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Introduce an Exchange Clock Service
Cboe C2 Exchange is rolling out a new Clock Service that helps traders sync their clocks with the Exchange’s time for super accurate tracking of orders and messages. This optional service is open to all traders and could boost fairness and speed in trading. It’s effective immediately, so anyone interested can jump on board without delay—no extra fees mentioned yet!