Client Alert

NASDAQ Amends Rules Requiring Prior Notice of Material Developments

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The NASDAQ Stock Market LLC (“Nasdaq”) recently amended its rules to (i) require Nasdaq-listed companies to notify Nasdaq at least ten minutes prior to the public release of certain material information and (ii) modify rules on the use of company websites to publicly disclose material information. These changes became operative on December 7, 2009.

Click here to read our client alert on the amended Nasdaq rules.

Contact Information

If you have any questions regarding these amendments, please contact either the Womble Carlyle attorney with whom you usually work or one of our Corporate and Securities attorneys.

Womble Carlyle client alerts are intended to provide general information about significant legal developments and should not be construed as legal advice on any specific facts and circumstances, nor should they be construed as advertisements for legal services.

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