stocklist: "U.S. approves NYSE listing plan to cut out Wall Street middlemen https://www.reuters.com/article/us-usa-sec-nyse/u-s-approves-nyse-listing-plan-to-cut-out-wall-street-middlemen-idUSKBN28W2D4"

U.S. approves NYSE listing plan to cut out Wall Street middlemen reuters.com/article/...

publisher

date published

Tuesday December 22nd, 2020

author

Katanga Johnson

summary

Companies can raise capital on the New York Stock Exchange through direct listings, without losing gains if their stock pops or forking out hefty fees to Wall Street banks, which typically underwrite such capital raisings, the U.S. securities regulator said on Tuesday.