Withdrawal of Offering New York is a process in which a company or individual withdraws a securities offering from the New York Stock Exchange. This may be done to avoid or terminate the registration requirement, if the issuer no longer wishes to have its securities traded on the NYSE. Withdrawal of offering New York can take one of two forms: a voluntary withdrawal or a mandatory withdrawal. In a voluntary withdrawal, the issuer will submit a Form 15 to the Securities and Exchange Commission (SEC) to terminate the registration of the securities. Upon filing, the securities will no longer be traded on the NYSE and the issuer will no longer be required to file periodic reports with the SEC. In a mandatory withdrawal, the NYSE will terminate the registration of the securities upon notification from the issuer. This type of withdrawal is rare and typically occurs when the issuer fails to comply with certain NYSE listing requirements. No matter the form of withdrawal, the issuer will remain liable for any debt or liabilities associated with the securities. The issuer must also ensure that all investors receive a notice of the withdrawal.