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    Raising Finance through Listing on the Stock Exchange

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    Amongst the various sources of raising capital for a business, listing on the stock exchange is one of the main methods.

    In the context of New York Stock Exchange, discuss the eligibility criteria and process of listing for a firm.

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    Solution Preview

    Eligibility criteria and Process of Listing on New York Stock Exchange to raise capital is discussed in the attached file.

    Eligibility and Process of Listing on New York Stock Exchange (NYSE)
    There are certain criteria that should be fulfilled by a firm to list on NYSE. To ensure trading on the NYSE, it is essential that securities must be registered under Section 12(b) of the Securities Exchange Act of 1934 (New York Stock Exchange - IPO Overview, 2013). In contrast, in case of foreign issuers, the registration should be made on Form 20-F. In addition, as the SEC is the regulatory organization involved listing on NYSE, the SEC's approval is essential for listing (Dion and Dion, 2010). The below table shows the listing criteria or eligibility of listing for a domestic and worldwide company. It is also found that foreign companies may choose to list under either the worldwide listing standards or ...

    Solution Summary

    This response provides the eligibility criteria and listing process to raise capital for a business firm.