What type of situations may result in a Listed Company being de-listed due to a failure on part of the J-Nomad?
If a Listed Company loses its J-Nomad, it is to be placed on the Watch List and, if it cannot find a new J-Nomad within 8 business days, is to be delisted. This provision is to apply in principle even in cases in which the J-Nomad is at fault (that is, should the J-Nomad fail, etc.). In practice, every situation will be assessed on a case by case basis by the Exchange.
Related Questions
- Could the Exchange investigate the J-Nomad and impose sanctions against it in case of a failure of the Listed Company to follow the advice or guidance of the J-Nomad?
- Employment Practice Liability Insurance (EPLI) - Is This Type Of Insurance Right For Your Company?
- What type of company should use Enterprise Solutions?
