BlackRock Municipal Income Quality Trust (NYSE: BYM) removed from NYSE
Rhea-AI Filing Summary
BlackRock Municipal Income Quality Trust is being removed from listing and/or registration on the New York Stock Exchange LLC through a Form 25 filing under Section 12(b) of the Securities Exchange Act of 1934. The filing covers the trust’s common shares of beneficial interest.
New York Stock Exchange LLC certifies that it has reasonable grounds to believe it meets all requirements to file Form 25 and that it has complied with its rules regarding striking this class of securities from listing and/or withdrawing its registration.
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FAQ
What does the Form 25 filing mean for BlackRock Municipal Income Quality Trust (BYM)?
The Form 25 filing indicates that BlackRock Municipal Income Quality Trust’s common shares of beneficial interest are being removed from listing and/or registration on the New York Stock Exchange, as permitted under Section 12(b) of the Securities Exchange Act of 1934.
Which securities of BYM are affected by this Form 25 notification?
The Form 25 notification applies to BlackRock Municipal Income Quality Trust’s common shares of beneficial interest. These are the shares that had been listed and/or registered on the New York Stock Exchange LLC and are now being removed under Section 12(b) procedures.
Who filed the Form 25 for BlackRock Municipal Income Quality Trust (BYM)?
New York Stock Exchange LLC filed the Form 25. The exchange certifies it has reasonable grounds to believe it meets all requirements for filing and that it has complied with its own rules to strike this class of securities from listing and/or withdraw registration.
Which regulations govern BYM’s removal from the New York Stock Exchange?
The removal is governed by Section 12(b) of the Securities Exchange Act of 1934 and related SEC rules, including 17 CFR 240.12d2-2. These provisions allow exchanges to strike securities from listing and/or withdraw their registration under specified conditions.
What role does BlackRock Municipal Income Quality Trust play in this delisting process?
The content notes that the issuer may comply with exchange rules and SEC Rule 12d2-2(c) for voluntary withdrawal, but the Form 25 itself is certified and signed on behalf of New York Stock Exchange LLC, which executes the removal from listing and/or registration.