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Roemp

10/10/19 5:05 PM

#52910 RE: Guano146 #52909

THis one:
NYSE Can Reject Unsuitable Companies
The NYSE has broad discretion in listing companies and will list only shares it deems suitable for the market's auction trading process, in which buy and sell orders are matched on the exchange floor. It can apply more stringent criteria, even if a company meets the basic securities and financial criteria. A company that is accepted for listing can expect trading of shares to start in four to six weeks.