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NYSE Amends its Material News Policy and Expands its Authority to Halt Trading

10.02.15
 Effective September 28, 2015, the New York Stock Exchange (“NYSE” or “the Exchange”) amended Section 202.06 of its Listed Company Manual (the “Manual”) to:
  1. expand the pre-market hours during which NYSE-listed companies must notify the Exchange prior to disseminating “material news”;
  2. expand the timeframe and circumstances in which the NYSE has the authority to halt trading in a listed company’s security;
  3. provide guidance with respect to the release of material news after the close of trading on the Exchange; and
  4. update the methods by which companies should release material news.

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