NYSE lowers market cap standard for listing

The New York Stock Exchange has temporarily lowered its market capitalization requirement for listed companies because of “difficult market conditions,” and analysts said its actions may pave the way for other exchanges to follow suit.

NYSE has asked the Securities and Exchange Commission to let it reset the minimum requirement for market capitalization from $25m (€19.3m) to $15m over a consecutive 30 trading-day period.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions