Alerts

NYSE Reduces Public Float Listing Requirement and Amends Listing Fees

September 23, 2009

In August 2009, the NYSE lowered its public float requirement for initial listings of equity securities to $40 million from $60 million. The NYSE also has adopted a reduced fee structure for initial listings of equity securities, which is expected to be approved in October 2009, and which will be retroactively effective as of August 26, 2009.