Nuveen NY Select Tax-Free (NYSE: NXN) removal from NYSE listing
Rhea-AI Filing Summary
Nuveen New York Select Tax-Free Income Portfolio is the subject of a Form 25 filing by New York Stock Exchange LLC, which notifies the removal of its Shares of Beneficial Interest from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The Exchange states that, under 17 CFR 240.12d2-2(b), it has complied with its rules to strike this class of securities from listing or withdraw its registration, and that the issuer has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal.
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- Nuveen New York Select Tax-Free Income Portfolio Shares of Beneficial Interest are being removed from listing and/or registration on the New York Stock Exchange LLC under Section 12(b).
Insights
NYSE files to remove NXN shares from listing under Section 12(b).
The notification shows New York Stock Exchange LLC filing Form 25 for Nuveen New York Select Tax-Free Income Portfolio Shares of Beneficial Interest. The filing states this class of securities is being removed from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
The Exchange indicates that, under 17 CFR 240.12d2-2(b), it has followed its own rules to strike the securities from listing or withdraw registration. It also notes that the issuer has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal from listing and registration.
The key structural change is that this class of shares will no longer be listed on the New York Stock Exchange LLC once the Form 25 process is completed, as reflected by the Exchange’s certification that it meets all requirements for filing the form.
FAQ
What action does this Form 25 take regarding Nuveen New York Select Tax-Free Income Portfolio (NXN)?
The Form 25 notifies that the Shares of Beneficial Interest of Nuveen New York Select Tax-Free Income Portfolio are being removed from listing and/or registration on the New York Stock Exchange LLC under Section 12(b) of the Securities Exchange Act of 1934.
Who filed the Form 25 for NXN?
The New York Stock Exchange LLC filed the Form 25 for Nuveen New York Select Tax-Free Income Portfolio, certifying it has reasonable grounds to believe it meets all requirements for submitting this notification.
What class of securities is affected for Nuveen New York Select Tax-Free Income Portfolio (NXN)?
The filing concerns the fund’s Shares of Beneficial Interest, which are the class of securities being removed from listing and/or registration on the New York Stock Exchange LLC.
Which rules are cited in the NXN delisting notification?
The notification cites 17 CFR 240.12d2-2(b), under which the Exchange has complied with its rules to strike the securities from listing or withdraw registration, and 17 CFR 240.12d2-2(c), under which the issuer has complied with Exchange rules and withdrawal requirements.
What does the Exchange certify in the Form 25 for NXN?
New York Stock Exchange LLC certifies that it has reasonable grounds to believe it meets all requirements for filing Form 25 and has caused the notification to be signed by a duly authorized person.
What is the issuer’s address in the Nuveen NY Select Tax-Free Income Portfolio Form 25?
The issuer’s principal executive offices are listed as 333 West Wacker Drive, Chicago, Illinois 60606, with a telephone number of 312-917-8200.