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The London Stock Exchange appears to be covertly cleaning up AIM’s act. Is now the time to push for reform on behalf of ordinary investors?

By Ben Turney | Friday 16 October 2015


 


Has the London Stock Exchange finally woken up to the fact its AIM Augean Stables is in dire need of a very late spring clean? Over recent months a few clues have started to emerge that the LSE is covertly trying to regain control of its growth market and repair its battered reputation. The latest hint that something is afoot came via this morning’s piece in the Financial Times, with news that the LSE is going to tighten up the rules concerning cash shells. If this is an indicator of a wider initiative to sort out AIM it is something to celebrate. However if the LSE genuinely wants to restore confidence in the “world’s most successful growth market” it is also going to have to take some actions publicly, no matter how difficult they might be. 


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