On Sept. 3, Nasdaq submitted proposals to the U.S. Securities and Exchange Commission (SEC) to modify its initial and continued listing standards, with the stated aim of improving market integrity, investor protection, and liquidity. The proposed changes reflect Nasdaq’s ongoing response to address key liquidity and trading concerns of companies in today’s capital markets environment, particularly in the context of securities issued by smaller companies and companies operating in China.
Source: Nasdaq Proposes To Tighten Listing Standards and Add Special Requirements for China-Based Companies