Five More Minutes for the NYSE

In August, the New York Stock Exchange (NYSE) requested the U.S. Securities and Exchange Commission (SEC) to postpone what time public companies disclose their end-of-day news. The NYSE proposed that companies should only release this information at 4:05 p.m. Eastern...

Precarious Co-op Rules

Every co-op has a body of rules governing the building and the shareholders. These include the building’s by-laws, the proprietary lease and the house rules. However, in under some house rules, shareholders are expected to follow peculiar provisions such as only being...