Request for Question Clarification by
12 Dec 2005 20:04 PST
I see what you mean! Your two questions are tough to pin down.
The rules all seem to hark back to the two Securities and Exchange
laws of 1933/1934 that put federal oversight, generally, and the SEC,
particularly, in place. But there's no clear path to follow that I
can find from the laws, through SEC regulations, to NYSE rules.
I wonder, though, if you are familiar with the NYSE "Listed Company
Manual", which can be accessed in full here:
You can find a bit more context here than you can from the Rules
themselves. There's not much additional content for Rule 452, but for
Rule 465 you can get some context of where it came from, and what
factors changed the fees in recent years.
I can't copy the text here, as I assume it's copyright. But if you
click on the "Search" tab towards the top of the page, and then search
on [ rule 465 ] you'll be taken to the text I'm referring to.
Have a look, and let me know if that's helpful at all.