By Ben Turney | Thursday 1 October 2015
Why won’t the London Stock Exchange accept the need for reform of AIM? So long as the LSE maintains the pretence of running “the world’s most successful growth market”, while wilfully refusing to acknowledge or deal with AIM’s manifest faults, it leaves itself open to competitive challenge. Perhaps the LSE has decided it lacks the competence to run and police a small cap market or perhaps it has decided it just isn’t worth the hassle. It certainly can’t believe it is doing a good enough job after all the controversies that have happened on its supposed watch. Whatever the case, if the LSE does not take action soon it could well find AIM implodes, intentionally or otherwise.
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