Securities Law Alert: NYSE Temporarily Lowers Market Capitalization Requirement

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The New York Stock Exchange (NYSE) announced on January 23, 2009, that it will temporarily lower its minimum market capitalization requirement1 for securities listed on the NYSE to $15 million.2 The temporary reduction is effective through April 22, 2009; however, all other continued listing requirements will remain in effect during this period.3

Please see full alert for more information.

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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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