Dec 11, 2019 - Economy & Business

NYSE files new direct listings proposal

Photo inside the New York Stock Exchange.
Photo: Scott Heins/Getty Images

The New York Stock Exchange on Wednesday filed a new proposal with federal regulators, aimed at allowing companies to raise money via direct share listings.

Details: The proposal has slightly different numbers than the original effort, which the SEC rejected last week, but still would help companies go public without relying on Wall Street banks to price their shares.

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