SEC Order Denying Motion to Stay the SIP Governance Order

SEC Order Denying Motion to Stay the SIP Governance Order

On June 12, 2020, the SEC issued an order denying Nasdaq Stock Market LLC, Nasdaq BX, Inc., and Nasdaq PHLX LLC (the “Petitioners”) motion to stay the effect of the SIP Governance Order pending final resolution of the Petitioners’ request for review of the Governance Order in the U.S. Court of Appeals for the District of Columbia Circuit.  The order can be found at https://www.sec.gov/rules/sro/nms/2020/34-89066.pdf.