Clifford Chance

NYSE Requires Notice of Material News Releases Starting at 7 a.m.

25 September 2015

On Monday, September 28, 2015, certain amendments to the NYSE Listed Company will require listed companies to give the NYSE notice ten minutes before releasing "material news" during the hours of 7 a.m. through 4 p.m. on trading days. These amendments also advise companies releasing news at the end of the trading day to wait until the official publishing of their closing price or 15 minutes after the close of trading. Finally, these amendments clarify that material news should be released either in a Form 8-K filed with the SEC or in a press release issued to all major news wire services.

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