On August 27, the New York Stock Exchange (NYSE) filed with the SEC a proposed rule change to:
(1) require NYSE-listed companies to notify the NYSE prior to disseminating material news if such dissemination occurs between 7:00 a.m. and 4:00 p.m. (ET), and to advise the NYSE whether a trading halt is appropriate during pre-market hours; and
(2) provide the NYSE with authority to halt trading in circumstances in addition to those already in effect, including when the NYSE believes it is necessary to request certain information from listed companies.
Continue Reading NYSE Proposes Rule To Expand Pre-market Notice Period Prior to Disseminating Material News