On February 16th, the SEC granted immediate effectiveness to the NASDAQ Stock Market's proposed amendment of Rule 5250(b)(1) and IM-5250-1 to distinguish notifications made by companies of material information made outside of market hours, when Nasdaq would not need to implement a trading halt. As revised, when material information is made public outside of Nasdaq market hours, Nasdaq companies would be required to provide notification of the information to MarketWatch by 6:50 a.m. ET, ten minutes prior to the start of Nasdaq market hours. No change would be made for disclosures made during Nasdaq market hours (7:00 a.m. to 8:00 p.m. ET), when Nasdaq companies must provide notification to MarketWatch at least ten minutes prior to the public release of the information. Comments should be submitted within 21 days after publication of the amendment in the Federal Register, which is expected during the week of February 22nd. SEC Release No. 34-61521.