Tuesday, October 03, 2006

Sarbanes-Oxley squashes IPOs?

Interesting story I saw on Power Lunch while working out at the gym. IPOs are down in Q3 in the US, but steady or up in overseas markets like Europe. The reason? Many business people are finding Sarbanes-Oxley requirements too onerous for listing on the Nasdaq and are preferring to take a company private or list on a UK exchange instead.

1 comment:

Matt said...

AIM in the UK being a classic