The following Letter Type C, or variations thereof, was submitted by individuals or entities.

Letter Type C:

I’m writing to object to the Nasdaq-100 rule changes that remove the minimum free-float requirement, allow rapid index entry, and use full market cap for eligibility while still allowing weighting up to 3x free float for low-float names.

My concern is that this can force passive funds, ETF holders, and retirement savers to buy thin-float mega-IPO stocks before real price discovery has happened.
Please review these changes, publish a market-impact analysis, and consider delaying or narrowing the rule.

Sources:

Reuters on the finalized rule changes: https://www.reuters.com/business/new-nasdaq-rules-include-fast-entry-new-listings-benchmark-index-2026-03-30/ Nasdaq’s own announcement: https://ir.nasdaq.com/news-releases/news-release-details/nasdaq-concludes-public-consultation-nasdaq-100-indexr Nasdaq methodology PDF: https://indexes.nasdaqomx.com/docs/Methodology_NDX_Effective_May_1_2026.pdf Nasdaq change log PDF: https://indexes.nasdaqomx.com/docs/Methodology_Change_Log_NDX.pdf Reuters on SpaceX seeking early inclusion: https://www.reuters.com/business/finance/elon-musks-spacex-weighs-nasdaq-listing-after-seeking-early-index-entry-sources-2026-03-10/