Under the Securities Exchange Act of 1934, as amended in 1936, the Securities and Exchange Commission is empowered to extend unlisted trading privileges to any security upon application by an exchange and the fulfillment of the terms and conditions of the statute.
Marcus L. Plant,
CORPORATIONS - SECURITIES EXCHANGE ACT - UNLISTED TRADING PRIVILEGES,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol37/iss1/7