Market regulation · 24/08/2011

NYSE Adopts Manning Rule, Prohibiting Trading Ahead of Customer Orders

The New York Stock Exchange (NYSE) has filed a proposed rule change to delete existing Rule 92 and adopt a new Rule 5320, which is substantially similar to the Financial Industry Regulatory Authority's (FINRA) Rule 5320, to prohibit trading ahead of customer orders with certain exceptions, commonly known as the Manning Rule.