On November 8 th , the US Securities and
Exchange Commission approved rule changes requested by the three major US stock
exchanges, Nasdaq, the NYSE Amex and the New York Stock Exchange. In sum, companies
completing reverse mergers with SEC-reporting shell companies will now have to
I remain determined in my quest for the major stock
exchanges to consider some alterations to the reverse merger "seasoning"
requirements instituted in November 2011. As we know, these restrictions
were added primarily in response to allegations of fraud in a number of Chinese