Form 25: NY Life Investments ETF Trust Delisting Notice to NYSE Arca
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
New York Life Investments ETF Trust submitted a Form 25 notification to remove a class of its securities from listing and/or registration on NYSE Arca, Inc. The filing states the Exchange and the Issuer have each complied with the applicable exchange rules and the SEC procedures governing withdrawal of the securities from listing and registration.
Positive
- Exchange compliance is explicitly confirmed under 17 CFR 240.12d2-2
- Issuer compliance with voluntary withdrawal rules is stated
Negative
- Class of securities will be removed from listing and/or registration on NYSE Arca
Insights
Form 25 notifies market participants that the issuer's securities will be withdrawn from NYSE Arca.
The filing confirms the Exchange relied on the procedures in 17 CFR 240.12d2-2 and that the Issuer complied with voluntary withdrawal requirements.
This is a procedural regulatory filing that documents delisting/withdrawal rather than announcing a transaction or financial result.
FAQ
What does the Form 25 filing for New York Life Investments ETF Trust (ULTR) mean?
The filing notifies the SEC that a class of the issuer's securities will be withdrawn from listing and/or registration on NYSE Arca and that both the Exchange and Issuer complied with applicable rules.
Which exchange is removing the listing?
The filing names NYSE Arca, Inc. as the Exchange initiating the removal.
Which regulatory rule is cited for the removal?
The filing references 17 CFR 240.12d2-2 as the rule provision relied upon for striking the class from listing and registration.
Does the Form 25 state whether the withdrawal is voluntary?
Yes; the document states the Issuer complied with the Exchange's rules and the requirements of 17 CFR 240.12d-2(c) governing voluntary withdrawal.