AIM changes target nomads
Advisers preparing for tougher AIM regulations
Advisers preparing for tougher AIM regulations
Nomads are bracing themselves for a sweeping policy shift as the London Stock
Exchange floated plans to beef-up AIM requirements.
If the proposals are endorsed, the sector, which has about 80 nominated
advisers, will have to abide by a rule book specifically catered to the AIM
market.
Also, AIM companies will need to display core management and financial
information on their websites.
The consultation is set to continue for the next two months and if agreed
with market participants, the new rules will come into force at the beginning of
2007.
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