Barron’s Article on Tech IPO’s Misses the Importance of the Extinct Sub-$50 million IPO
Pascal's View
AUGUST 22, 2009
Unfortunately, outside of the IPO-syndicate-bias and the much-maligned Sarbanes Oxley, the article does not address far more serious systemic regulatory consequences that further exacerbate the problem– such as the combined impact of decimalization and the Spitzer decree (taking trading commissions down from $0.125 per share to $0.01
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