Are any securities listed on The NASDAQ Stock Market exempt from registration under Section 12(b) of the Securities and Exchange Act of 1934?
Yes. On August 1, 2006, in connection with NASDAQ’s transition to a national securities exchange, the securities of NASDAQ-listed companies became registered under Section 12(b) of the Exchange Act if they were previously registered under Section 12(g) of the Securities Exchange Act of 1934 or not required to register under Section 12(g) because they are investment companies described in Section 12(g)(2)(B). At the time of the conversion, there were thirteen issuers, whose securities were exempt from Section 12(g) registration. NASDAQ requested, and the SEC granted, an exemption to allow these companies a temporary three-year continuation of their exemption until August 1, 2009, allowing the continued trading on an unregistered basis, subject to the terms of the existing exemption. In order for trading on NASDAQ to continue after August 1, 2009, the securities of these companies will need to be registered under Section 12(b). Copies of the SEC’s orders concerning issuer registration ca
Related Questions
- Are any securities listed on The NASDAQ Stock Market exempt from registration under Section 12(b) of the Securities and Exchange Act of 1934?
- Is Registration under the Securities Exchange Act of 1934 required before a security can be admitted to trading on The NASDAQ Stock Market?
- For the purposes of section 2.14, are the NASDAQ Stock Market and the NASDAQ Canada Market markets outside of Canada?
