Friday, December 20, 2002 11:17:43 AM
BBX Info:
Updated FAQs Available On-line
Between June and December of 2002, we held over 20 regional BBX forums throughout the country to talk about the proposed BBX market and to meet in person with issuers, service providers, and market participants. From these meetings, we have compiled a list of Frequently Asked Questions (FAQs) and have posted them on the BBX website. The revised page now contains over 50 FAQs covering recent inquiries regarding BBX listing standards, corporate governance requirements, the BBX trading system, and marketplace rules, among other topics. To read the new FAQs, please visit the BBX website at http://www.bbxchange.com/FAQs/.
SEC Update
On October 31, 2002, NASDAQ submitted an amended rule filing to the Securities and Exchange Commission (SEC) to make the proposed BBX listing standards compliant with the newly enacted Sarbanes-Oxley Act. To date, the rule filing has not yet been released by the SEC for public comment. We hope to have approval of the BBX proposed rule next year and to launch the BBX in the 4th Quarter of 2003. A copy of the amended rule filing is available on the BBX website at http://www.bbxchange.com/SEC_Filings/.
While awaiting approval, BBX staff will work with the SEC to determine if we can begin accepting applications prior to approval of the BBX rules. We will keep you apprised of the results of this effort.
Contact the BBX
As always, please feel free to direct any questions and requests for more information to (877) BBX-1001, or bbxinfo@bbxchange.com.
Thank you,
Tim Ryan
BBX Issuer Services Manager
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
Updated FAQs Available On-line
Between June and December of 2002, we held over 20 regional BBX forums throughout the country to talk about the proposed BBX market and to meet in person with issuers, service providers, and market participants. From these meetings, we have compiled a list of Frequently Asked Questions (FAQs) and have posted them on the BBX website. The revised page now contains over 50 FAQs covering recent inquiries regarding BBX listing standards, corporate governance requirements, the BBX trading system, and marketplace rules, among other topics. To read the new FAQs, please visit the BBX website at http://www.bbxchange.com/FAQs/.
SEC Update
On October 31, 2002, NASDAQ submitted an amended rule filing to the Securities and Exchange Commission (SEC) to make the proposed BBX listing standards compliant with the newly enacted Sarbanes-Oxley Act. To date, the rule filing has not yet been released by the SEC for public comment. We hope to have approval of the BBX proposed rule next year and to launch the BBX in the 4th Quarter of 2003. A copy of the amended rule filing is available on the BBX website at http://www.bbxchange.com/SEC_Filings/.
While awaiting approval, BBX staff will work with the SEC to determine if we can begin accepting applications prior to approval of the BBX rules. We will keep you apprised of the results of this effort.
Contact the BBX
As always, please feel free to direct any questions and requests for more information to (877) BBX-1001, or bbxinfo@bbxchange.com.
Thank you,
Tim Ryan
BBX Issuer Services Manager
Park your Sub at the iHub - Bub; .....the experience might just "...float your boat..." !!!
.......According to the Great Pumpkin, ".....You're in .....iHub....., Charlie Brown....."!!!
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