Nuveen S&P 500 BuyWrite Fund (BXMX) to be struck from NYSE listing
Rhea-AI Filing Summary
Nuveen S&P 500 BuyWrite Income Fund requested removal of its Common Share of Beneficial Interest from listing and registration on the New York Stock Exchange. The Exchange certified it has complied with applicable rules to strike the class and the issuer certified voluntary withdrawal procedures.
Positive
- None.
Negative
- None.
Key Terms
Form 25, strike the class, voluntary withdrawal
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
strike the class regulatory
"the Exchange has complied with its rules to strike the class of securities from listing"
voluntary withdrawal regulatory
"the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 25 for Nuveen S&P 500 BuyWrite Income Fund (BXMX) mean?
It notifies the SEC that BXMX is being removed from NYSE listing. The filing states the Exchange and issuer complied with rules to strike the class and that the withdrawal is voluntary, per 17 CFR 240.12d2-2.
Who certified the removal for BXMX on the Form 25?
The New York Stock Exchange LLC certified compliance and filed the Form 25. The form is signed by an Exchange official identified as Tyler Mastronardi, Analyst, Market Watch.
Which regulatory rules are cited in the BXMX Form 25?
The filing cites 17 CFR 240.12d2-2(a) and related subsections. It references the Exchange and issuer compliance provisions governing voluntary withdrawal and striking a class from listing.
Does the Form 25 state this removal is voluntary for BXMX?
Yes— the excerpt states the issuer has complied with rules governing voluntary withdrawal. The Exchange also certifies it complied with rules to strike the class from listing and/or withdraw registration.