Fannie Mae-No Politics (FNMA)

[Slyder009]

This is taken from Quickpix post from earlier. but it spells it out for ya. it gets posted like 15 times a day.




Here are 2 examples of bankrupt companies who relisted with NYSE.

1. http://www.crainsnewyork.com/article/20100302/FREE/100309967

2. http://www.globalpost.com/dispatch/news/afp/130321/nyse-eyes-suntech-listing-after-bankruptcy-filing


I'll keep you posted when they respond.

From:
Sent: Tuesday, May 28, 2013 2:09 PM
To: [e-mail]
Subject: Question regarding NYSE listing and conservatorship

Good afternoon,

I was reading this SEC document http://www.sec.gov/rules/sro/nyse/2009/34-59217.pdf and I quote


Quote:
--------------------------------------------------------------------------------
The FHFA has specified that “the powers of the stockholders [of FNM and FRE]
are suspended until the conservatorship is terminated.” Based on this, the NYSE has
concluded that for purposes of its rules requiring stockholder approval of the issuance of
securities, i.e., Sections 312.03 and 303A.08 of the Listed Company Manual, it is
appropriate to treat FNM and FRE while they are in conservatorship in the same manner
as if they were each a debtor-in-possession under the bankruptcy law.
--------------------------------------------------------------------------------



Today Fannie Mae’s common shares on the OTCBB closed above $4.00 per share and now meets the NYSE listing requirements http://usequities.nyx.com/regulation/listed-companies-compliance/listings-standards/us so my question is:

Despite being under conservatorship, if Fannie Mae would file the appropriate forms for a NYSE listing could they be relisted on the NYSE or is relisting on the NYSE completely prohibited until this conservatorship has ended?

Please let me know.

Thank you.