In An Effort To Boost SmallCap Liquidity, Nasdaq Proposes Market Monopoly
At Monday’s SEC Roundtable on Market Structure for Thinly-Traded Securities, Frank Hatheway, Nasdaq’s chief economist, said “Our markets are no longer able to support small growth companies.” Hatheway continued, “Concentration on one market would help the markets.” Nasdaq plans to petition the SEC to allow thinly-traded companies that list on Nasdaq’s main U.S. stock exchange choose whether their shares can be traded
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