BSTX Files to Establish Securities Exchange. Rulebook Published by SEC is Now Open for Public Comment
Boston Security Token Exchange LLC (BSTX), a joint venture of BOX Digital Markets LLC and tZERO Group, Inc., announced that its updated proposed rulebook establishing itself as a securities exchange has been published by the Securities and Exchange Commission (SEC) and is open for public comment.
- Boston Security Token Exchange LLC (BSTX), a joint venture of BOX Digital Markets LLC and tZERO Group, Inc., announced that its updated proposed rulebook establishing itself as a securities exchange has been published by the Securities and Exchange Commission (SEC) and is open for public comment.
- We appreciate the thoughtful review of our rulebook by the SEC staff and also look forward to the public comments on this filing.
- First, BSTX proposes to allow participants to elect accelerated settlement (i.e., T+0 or T+1) for securities listed on BSTX.
- BOX Exchange LLC (BOX Exchange), a national securities exchange registered with the SEC under Section 6 of the Securities Exchange Act of 1934, will operate and regulate BSTX as a facility of BOX Exchange.