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U.S. regulators approve the Long-Term Stock Exchange

reuters.com

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Re: U.S. regulators approve the Long-Term Stock Exchange

#3
post #2

We are thrilled that the SEC has officially approved the Long-Term Stock Exchange as a national securities exchange!

I am happy for LTSE.

The article doesn't explains what makes LTSE different than NYSE? How will it actually encourage looking beyond the next quarter? Where can one learn about that?

Re: U.S. regulators approve the Long-Term Stock Exchange

#4
post #3
post #2

We are thrilled that the SEC has officially approved the Long-Term Stock Exchange as a national securities exchange!

I am happy for LTSE. The article doesn't explains what makes LTSE different than NYSE? How will it actually encourage looking beyond the next quarter? Where can one learn about that?

i found more info here, hope it helps: https://blog.ltse.com/how-ltse-will-and-will-not-be-like-oth...

Re: U.S. regulators approve the Long-Term Stock Exchange

#6
Excited to see this. I hope it leads to a trend to listing sooner and giving access to retail investors much earlier. Buying Uber at a few dollars instead of $42 for example. The markets will operate like they want to unless there are explicit rules to stop it. Right now it's wait to IPO as long as possible, and HFT only accessible to huge companies. Retail is left with the scraps.

Re: U.S. regulators approve the Long-Term Stock Exchange

#7

What are the downsides of this?

It looks like founders and VCs get the majority voting shares by default. It's not clear if it's good for the company or not, but it helps founders to pick it as the stock exchange to go to.

The slow vesting shedule makes a lot of sense though.

Re: U.S. regulators approve the Long-Term Stock Exchange

#9
> emphasize governance standards like sustainability, executive pay, and diversity

What would a company gain by choosing to list on here (over other far more established options) while having to commit to these additional rules? Access to a group of investors who don't complain too much about quarterly profit objectives?

Re: U.S. regulators approve the Long-Term Stock Exchange

#10
post #3
post #2

We are thrilled that the SEC has officially approved the Long-Term Stock Exchange as a national securities exchange!

I am happy for LTSE. The article doesn't explains what makes LTSE different than NYSE? How will it actually encourage looking beyond the next quarter? Where can one learn about that?

It's designed for long term investing. Not a place for day traders, high frequency trading and all sorts of sharks and piranhas that like to eat up pensions and 401k funds...
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