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Nowak488

07/06/16 8:07 PM

#38509 RE: T-R1 #38505

Ummm... I'll let you think about this one to figure it out on your own.

Hint: It has something to do with listing requirements.... not disclosure requirements.

Opps, I'm afraid I gave it away. Under your scenario, there would be no need for the AMEX or smaller NASDAQ markets. There are because the capital requirements and pps requirements are significantly less stringent than the regular NASDAQ or DJ.