4 ms·
Both NYSE and Nasdaq rules require the record date to be announced at least 10 days in advance, so a mainstream U.S.-listed company can't backdate it. Whether i
by _delirium 5y ago
Both NYSE and Nasdaq rules require the record date to be announced at least 10 days in advance, so a mainstream U.S.-listed company can't backdate it. Whether it'd pass SEC muster if we take exchange rules out of the picture, I don't know.