BROWSE BY TOPIC
Stories of Interest
- White House Now Doesn’t Dispute Details of Trump's Call with Army Widow
- Goldman Sachs’ Lloyd Blankfein Just Threw Some Serious Brexit Shade
- Guggenheim Partners ‘Bank Wrecker’ Could Get $100Mn Exit Package
- Proposed Arbitration Rule Change: For Customers Dealing with an Inactive Firm or Associated Person
- This Family Bet It All on Bitcoin
- Clearinghouses Pass CFTC Liquidity Stress Tests
- President Trump Admits He’s Trying to Kill Obamacare. That’s Illegal.
- Trump Plunges Down List of ‘America’s Richest’
- Is Trump’s “Foreclosure King” in Over His Head?
- FBI Arrests NCAA Basketball Coaches and Adidas Rep in Bribery Probe Involving Recruitment
- Equifax CEO Steps Down Amid Hacking Scandal
- Litigation Costs to Rub Salt in RBS Investor Wounds
- RIAs Poised to Land Wirehouse Recruits - Dan Jamieson
- Citibank and U.K. Affiliate to Pay $550K Penalty for Swap Data Reporting Violations - CFTC
- AIG to Restructure into 3 New Units, Marking CEO's First Big Move
- Accounting Firm Deloitte Says It Suffered Cyberattack (subsc reqd)
- Upcoming FINRA Board Meeting and FINRA360 Update
- Elizabeth Warren Lifts Hold on Trump DOJ Antitrust Nominee
- Bigger Mergers Narrow Indy Reps' Options, Alter IBD Channel - Dan Jamieson
- Dentons to Merge with U.K.'s Murray & Spens
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
NEWSLETTERS & ALERTS
Rules & Regulations
MARCH MADNESS: Just Not On the Trading Floor
Two time honored traditions: the NCAA Basketball Tournament Brackets and the NYSE "Gambling" Bulletin to All Floor Members.
Offices and business establishments throughout America are gearing up for the start of March Madness - the NCAA Men's College Basketball Tournament. Sixty-eight teams will vie for the title of 2017 Champion. LET MARCH MADNESS BEGIN ... except at the New York Stock Exchange.
We'll let NYSE Member Education Bulletin 17-2 speak for itself.
To: ALL FLOOR MEMBERS
From: NYSE REGULATION
Subject: PROHIBITION ON GAMBLING ON PREMISES UNDER NYSE CONTROL, INCLUDING THE TRADING FLOOR
This Member Education Bulletin reminds all members, member organizations, and their employees of the policies governing gambling on New York Stock Exchange LLC (“NYSE”) premises, including the NYSE and NYSE MKT Equities trading Floor (the “Floor”). These policies were previously described in NYSE Information Memo 16-11, dated August 19, 2016.
Promoting or participating in certain gambling activities on the Floor or other premises under NYSE control is strictly prohibited by the Floor Conduct and Safety Guidelines and NYSE and NYSE MKT Rules (“NYSE and NYSE MKT Rules and Policies”). For example, participating in a sporting event pool where the participants purchase participation in the pool violates NYSE and NYSE MKT Rules and Policies. Other examples of prohibited gambling activity include schemes such as bookmaking, numbers games, or other organized for‐profit betting activity relating to sporting activities, other outside events or games of chance.
In addition to constituting a violation of NYSE and NYSE MKT Rules and Policies, gambling also can be a criminal offense in New York. ...........................
Telephones, computers, or other communication devices or business equipment located on the Trading Floor or other premises under NYSE control may not be used for any prohibited gambling activities. ...........................
For Answeres to Your Questions, Go to: Stephen Larson or Sean Gilmartin of NYSE Regulation; Nicholas Brigandi or Rudolfo Mass of NYSE Floor Operations.