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# NYSE Seeks Rules Change To Make Spotify Direct Sale Possible
- URL: https://www.hypebot.com/nyse-seeks-rules-change-to-make-spotify-direct-sale-possible/
- Published: 2017-05-30T10:15:00.000Z
- Updated: 2017-05-30T10:15:00.000Z
- Description: To make way for a possible Spotify direct stock listing, the New York Stock Exchange has appealed to the U.S. Securities and Exchange Commission for a rules change.
- Author: Bruce Houghton
- Tags: Music Business, Music Tech, Streaming, Amazon, Apple, Apple Music, Google, music, music industry, musician, musicians, Pandora, Spotify, Tech Stories, YouTube, #wp, #wp-post, #Import 2026-01-21 10:13

[![NYSE logo](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8fd6048970b-115wi "NYSE logo")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201b7c8fd6048970b-popup?ref=hypebot.com)To make way for a possible Spotify direct stock listing, the New York Stock Exchange has appealed to the U.S. Securities and Exchange Commission for a rules change.

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[![Spotify new](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09a079e0970d-200wi "Spotify new")](http://hypebot.typepad.com/.a/6a00d83451b36c69e201bb09a079e0970d-popup?ref=hypebot.com)  

If, as has been widely reported, Spotify does opt for a direct stock sale, it will save millions in IPO costs, as well as make it easier for investors – including the major labels – to cash out quicker. But first the New York Stock Exchange needs to make a few rule changes, according to the [Wall Street Journal](https://www.wsj.com/articles/spotify-rule-would-help-new-york-stock-exchange-woo-unicorns-1495791000?ref=hypebot.com). Hoping to attract high profile Spotify, the NYSE has appealed to U.S. Securities and Exchange Commission for a rules change that would make a direct listing easier and eliminate a “significant competitive disadvantage” for the NYSE. A ruling is expected by June 29th.

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