Yesterday, NYSE Regulation, the organization that oversees trading on the New York Stock Exchange and its affiliates, issued a stern warning to members: “promoting or participating in certain gambling activities on NYSE premises…is strictly prohibited.” The regulatory memo stipulates that “book making, numbers games, or other organized for-profit betting activity relating to sporting activities, other outside events or games of chance” are verboten under the rules of the exchange. The exchange’s telephones and computers mustn’t be used for “any prohibited gambling activities,” although using them to flip stocks is, ... (full story)