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There are lots of alternate venues already for listings. Most of the cost in going public comes from federal securities law, not exchange rules.
by kasey_junk 2y ago
There are lots of alternate venues already for listings.
Most of the cost in going public comes from federal securities law, not exchange rules.
- wslh 2y agoI don't see how your answer fits in the flow of this thread. The thread specifically mentions scammy listings so those listings should obbey securities law to be on an exchange.
- kasey_junk 2y agoThe bar that was raised after Enron was federal securities law. Not nyse/nasdaq rules (which vary for the many venues they own) If a company doesn’t like nyse/nasdaq rules there are many other places to list, so changing one of nyse’s own venues names is unlikely to add any value for a small company looking to go public.