AIM lawyers hail moves to shore up market confidence
Clampdown on foreign listings wins lawyers' vote as AIM storms international stage
October 11, 2006 at 08:03 PM
3 minute read
The Alternative Investment Market (AIM) looks set to cement its growing status as the world's growth market of choice, bullish advisers are predicting, in the wake of moves to toughen up the stock exchange's rules.
Lawyers focusing on the fast-expanding market have given a warm welcome to London Stock Exchange (LSE) plans to push through the biggest revision of the junior market's rules since its launch in 1995.
The shake-up, unveiled last week ahead of a two-month consultation, focuses on two main proposals. The first would see all AIM-listed companies forced to have a website displaying management and financial information.
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