NYSE Simplifies Notice Requirements
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Key takeaways:
- On January 11, 2013, the SEC approved a proposal by the NYSE to amend Section 204.00 of the Listed Company Manual and related provisions to require NYSE listed companies to make certain notifications electronically through a web-based communication system, via egovdirect.com.
- The NYSE will continue to require listed companies to notify the NYSE using the telephone alert procedures set forth in Section 202.06(B) of the Listed Company Manual when the company makes an announcement of news of a material event or makes a statement dealing with a rumor which calls for an immediate release, shortly before the opening or during market hours.