MFS Charter Income Trust (NYSE: MCR) removes common shares from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
MFS Charter Income Trust notified removal of its Common Shares of Beneficial Interest from listing and registration on the New York Stock Exchange LLC via Form 25.
The Exchange certified compliance with 17 CFR 240.12d2-2 and the issuer attested to complying with the Exchange's rules.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-10268
Expires: March 31, 2018
2 metrics
Commission File Number
001-10268
Form 25 cover data
Expires
March 31, 2018
Header expiration date shown on the form
Key Terms
Form 25, Common Shares of Beneficial Interest, 17 CFR 240.12d2-2, voluntary withdrawal of listing and registration
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
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.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
voluntary withdrawal of listing and registration regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
FAQ
What does Form 25 mean for MFS Charter Income Trust (MCR)?
It signals the company’s class of shares is being removed from NYSE listing. The Exchange certified compliance with 17 CFR 240.12d2-2 and the issuer attested to following Exchange rules governing voluntary withdrawal.
Which class of securities is being removed for MCR?
The filing identifies the company’s Common Shares of Beneficial Interest. The Form 25 specifically references removal of that class from listing and/or registration on the New York Stock Exchange LLC.
Who certified the removal on behalf of the exchange?
The New York Stock Exchange LLC certified the Form 25 filing. The certificate is signed by Tyler Mastronardi, Analyst, Market Watch, stating the Exchange had reasonable grounds to file the Form 25.
What regulatory citations are cited in the Form 25 for MCR?
The form cites 17 CFR 240.12d2-2 provisions. The filing references subsections (a)(1)–(a)(4) and compliance under 17 CFR 240.12d2-2(b) and 12d2-2(c) regarding withdrawal procedures.