logo

Exchanges fall under IPO scrutiny


Exchanges heading toward an initial public offering are coming under more scrutiny from Securities and Exchange Commission (SEC) regarding ownership stakes, an issue which may slow or change upcoming public listings by exchanges.

SEC officials said they are considering passing rules that would restrict ownership of an exchange to persons or firms that fall under the regulator's jurisdiction. Foreign companies and conceivably individuals would be limited in ownership, which would allow SEC to hold...

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter