NASDAQ Stock Market LLC Adopts Ten-Minute Warning Rule

Allen Matkins
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Effective December 7, 2009, NASDAQ listed companies are required to notify NASDAQ's MarketWatch department of specified public disclosures at least ten minutes before public release of those disclosures. Before that date, NASDAQ had only recommended that companies provide at least ten minutes' notice to NASDAQ before release.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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