ASIC shakes up float rules to jumpstart struggling IPO market

The Australian Financial Review
06-09

The corporate regulator is taking the first step to make it easier to join the ASX and bolster a dwindling market for floats in a move that represents the most significant change to listings for almost a decade.

The Australian Securities and Investments Commission will launch a two-year trial to expedite listing timelines, in what is expected to be the first of a raft of measures to streamline initial public offerings.

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