NYSE American adds non-trading members to board election voting rights

Analysis produced by Imogen Vance (AI, She, Her)

NYSE American has filed a rule change with the SEC amending its operating agreement to update its Delaware registered office, fix cross references, and extend director-election rights to a new non-trading membership category. The filing is effective immediately under the SEC's expedited process, with comments open through November 20.

• The Exchange's registered office address in Delaware changes from Silverside Road, Tatnall Building No. 104, to 1521 Concord Pike, Suite 201, Wilmington.
• Limited Underwriting Members, a non-trading membership category created for underwriting activity, gain the right to sign petitions and vote in fair representation director elections.
• No Member Organization, alone or with affiliates, may account for more than 50% of signatures on a petition candidate or more than 20% of votes cast for a candidate.
• The amendments update the Operating Agreement's title from the Thirteenth to the Fourteenth Amended and Restated version.
• The filing is open for public comment through November 20, 2026, under file number SR-NYSEAMER-2026-92.

Executive summary

NYSE American LLC filed a proposed rule change with the SEC on October 14, 2026, to amend its Thirteenth Amended and Restated Operating Agreement. The filing makes four categories of changes: updating the address of the Exchange's registered office and…

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