Back to Feed
Tech– 0
NYSE President questions Nasdaq's SpaceX IPO rules
Bloomberg Tech·
Lynn Martin, President of the New York Stock Exchange, has voiced concerns regarding the rules employed by Nasdaq to attract SpaceX's initial public offering. Martin described these rules as 'questionable,' emphasizing that 'market integrity' should not be treated as a mere 'competitive dynamic.' Despite these criticisms, she acknowledged that it has been a strong year for IPOs across various sectors and highlighted the NYSE's ongoing efforts to facilitate more companies going public. The comments suggest a potential debate over regulatory practices and competitive strategies within the stock exchange landscape.
Tags
ipo
regulation
fintech
Original Source
Bloomberg Tech — bloomberg.com