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IPO process needs improving, says FCA

Discussion in 'Market News' started by Lily, Apr 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    City regulator proposes delaying the release of research by banks working on the IPO until after the prospectus is published

    The Financial Conduct Authority has proposed a shakeup in the market for initial public offerings (IPOs) as part of a clampdown on anti-competitive practices in investment banking.

    The City regulator said investors and analysts should have timely, high-quality information when a company sells shares to investors for the first time.

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