NASDAQ Gains Approval for BX Venture Market for Smaller Companies


The Securities and Exchange Commission recently approved the application of The NASDAQ OMX Group, Inc. to launch its new listing market, to be known as the BX Venture Market, which will primarily target smaller companies that do not otherwise qualify for an exchange listing.

Pryor Cashman Corporate Counsel Michael T. Campoli has written an informative Legal Update summarizing the requirements for listing on the BX Venture Market, entitled "NASDAQ Gains Approval for BX Venture Market for Smaller Companies."

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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