Don't you find it somewhat ironic that the one part of
Nasdaq's website hackers were able to break into was the Directors Desk portal,
an online application that allows directors to share confidential information
about their boards and corporate governance? It's almost as if the hackers...
At thesaurus.com, words like "color" and "enliven"
are synonyms to the word "seasoning." Unfortunately I don't believe Nasdaq's
extreme overreaction to a real, but relatively controlled issue, does either to
the world of reverse mergers or the markets in general...
Well, OK. We've just learned that last Friday the SEC
approved the Nasdaq's request to establish a new lower level stock exchange, to
be dubbed the BX Venture Market. The Nasdaq's original proposal was back in
I am not an expert on the operation of stock markets, but...
In addition to the comment I provided to the NYSE Amex's
proposal to require reverse merged companies to "season" by trading
over-the-counter for a period before applying to uplist (with an exception for
a large public offering), I also submitted the comment below with regard to
Greetings from somewhere above the Midwest on my way to speak at the OneMedPlace conference in San Francisco this week, with the latest RM news.
Barron's reports that a lawsuit was filed this past Thursday against Nasdaq by CleanTech Innovations (CTEK) which was delisted from Nasdaq over a year...
As a quick follow up on this topic from a few months ago
(prior post can be read here ),
has approved alternatives to Nasdaq's historical $4 minimum bid price
listing standard. Under the new alternative listing standards, a security
may qualify for listing on the Nasdaq Capital Market...
WASHINGTON, D.C. - (Mealey's) In what is being called the
largest ever penalty against an exchange, Nasdaq will pay a $10 million penalty
to the Securities and Exchange Commission to settle claims that it violated
federal securities laws as a result of its poor decision making during the