Wall Street: New Reason to List

The rush to get listed on the stock exchanges has been going on for many months, partly because U.S. companies are increasingly aware of the advantages of listing: added prestige, broader ownership of shares, more active trading in the stock. Last week they got an added reason for listing that is sure to speed up the trend. President Johnson signed a bill that gives the Government broad new authority to regulate stocks traded both on and off the exchanges.

Under the "full disclosure law," companies with at least 750 stockholders and assets of $1,000,000 will be required to file...

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