SEC Extends NYPPEX Decision Deadline 90 Days to July 22, 2026
Summary
The SEC has issued an order extending by 90 days the period within which the Commission must issue its decision in the matter of NYPPEX, LLC and Laurence Allen, who are seeking review of disciplinary action previously taken by FINRA. The extension moves the deadline from approximately late April 2026 to July 22, 2026. This is a procedural extension of an adjudicatory timeline and does not resolve the underlying disciplinary matter.
“The Commission has determined, in its discretion, that it is appropriate to extend by 90 days the period within which the decision in this matter may be issued.”
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GovPing monitors SEC: Commission Opinions & Adjudicatory Orders for new securities & markets regulatory changes. Every update since tracking began is archived, classified, and available as free RSS or email alerts — 46 changes logged to date.
What changed
The SEC issued an order extending the deadline for issuing a decision in the matter of NYPPEX, LLC and Laurence Allen by 90 days, pushing the new deadline to July 22, 2026. This extension applies to an ongoing adjudicatory proceeding in which NYPPEX and Allen are seeking Commission review of disciplinary action taken by FINRA. Affected parties and practitioners monitoring this matter should note that the underlying disciplinary review remains unresolved and a final decision is not expected until after July 22, 2026.
Archived snapshot
Apr 23, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 105292 / April 23, 2026 Admin. Proc. File No. 3-21933 In the Matter of the Application of NYPPEX, LLC and LAURENCE ALLEN For Review of Disciplinary Action Taken by FINRA ORDER EXTENDING TIME TO ISSUE DECISION The Commission has determined, in its discretion, that it is appropriate to extend by 90 days the period within which the decision in this matter may be issued. Accordingly, IT IS ORDERED that such period be, and hereby is, extended to July 22, 2026. By the Commission. Vanessa A. Countryman Secretary
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