Securities and Exchange Commission
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Release No. 34-103189; File No. SR-NYSEARCA-2025-39] Pursuant to Section 19(b)(1)  [ 1 ] of the Securities Exchange Act of 1934 (“Act”)  [ 2 ] and Rule 19b-4 thereunder, [ 3 ] notice is hereby given that, on May 28, 2025, NYSE Arca, Inc. (“NYSE Arca” or the “Exchange”) filed with the Securities and Exchange Commission (the “Commission”) the proposed rule change as described in Items I, II, and III below, which Items have been prepared by the self-regulatory organization. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. I. Self-Regulatory Organization's Statement of the Terms of Substance of the Proposed Rule Change The Exchange proposes to (1) adopt a new Rule 5.2-E(j)(9) to permit the generic listing and trading of Multi-Class Exchange-Traded Fund (“ETF”) Shares that comply with the requirements of Rule 6c-11 of the Investment Company Act of 1940 (the “1940 Act”) and are eligible to operate in reliance on exemptive relief from certain requirements of 1940 Act and the rules and regulations thereunder that permit the entity issuing the Multi-Class ETF Shares to offer an ETF class in addition to classes of shares that are not exchange-traded; and (2) make certain conforming changes to the Exchange's rules to accommodate the proposed listing of Multi-Class ETF Shares. The proposed rule change is…
Citation: 90 FR 24463
