Nuveen California Select Tax Free Income Portfolio (NXC) removed from NYSE listing
Rhea-AI Filing Summary
Nuveen California Select Tax Free Income Portfolio is being removed from listing and registration on the New York Stock Exchange. The Form 25 filing covers the fund’s Shares of Beneficial Interest, and states that the exchange has followed its own rules under SEC Rule 12d2-2 to strike this class of securities from listing and registration. The filing is signed on behalf of the New York Stock Exchange by an authorized analyst.
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Insights
Fund’s shares will no longer trade on the NYSE under Section 12(b).
The document shows that Nuveen California Select Tax Free Income Portfolio will have its Shares of Beneficial Interest removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Exchange Act. The exchange certifies compliance with SEC Rule 12d2-2, which governs how securities are struck from listing.
For investors, this means trading will no longer occur on the NYSE once the Form 25 process is completed. The notice does not state the reason or any alternative trading venue, so the main takeaway is the change in listing status rather than an operational or financial update on the fund itself.
FAQ
What does the Form 25 filing mean for Nuveen California Select Tax Free Income Portfolio (NXC)?
The Form 25 filing means the Shares of Beneficial Interest of Nuveen California Select Tax Free Income Portfolio will be removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.
Which exchange is Nuveen California Select Tax Free Income Portfolio (NXC) being removed from?
The fund’s Shares of Beneficial Interest are being removed from the New York Stock Exchange LLC, as stated in the Form 25 notification.
Which class of Nuveen California Select Tax Free Income Portfolio securities is affected by this Form 25?
The filing covers the fund’s Shares of Beneficial Interest, which are being struck from listing and registration on the New York Stock Exchange.
Who certified the removal of Nuveen California Select Tax Free Income Portfolio (NXC) from the NYSE?
New York Stock Exchange LLC certified the filing and stated it has reasonable grounds to believe it meets all requirements for Form 25, with the notification signed by an authorized analyst.
Under which SEC rules is the Nuveen California Select Tax Free Income Portfolio delisting processed?
The notification references 17 CFR 240.12d2-2, which governs removal from listing and registration, including subsections addressing exchange-initiated striking and issuer compliance with exchange rules.
Does the Form 25 filing state why NXC is being removed from the NYSE?
The text provided states that the exchange has complied with its rules and the requirements of Rule 12d2-2 but does not specify a reason for the removal.