Broker group warns of investor risks posed by U.S. direct share-listing proposal
The U.S. Securities
and Exchange Commission risks weakening investor protections if
it allows companies to raise money in the public market through
a direct listing without the support of underwriting banks, an
influential broker group said on Friday.
and Exchange Commission risks weakening investor protections if
it allows companies to raise money in the public market through
a direct listing without the support of underwriting banks, an
influential broker group said on Friday.
Posted by Reuters