Alternative Investment Market

The AIM has also started to become an international exchange, often due to its low-regulatory burden, especially in relation to the Sarbanes-Oxley Act (though only a quarter of AIM-listed companies would qualify to list on a U.S. stock exchange even prior to passage of the Sarbanes-Oxley Act Doidge, Karolyi and Stulz "Has New York Become Less Competitive in Global Markets? Evaluating Foreign Listing Choices over Time" ). As of December 2005 over 270 foreign companies had been admitted to the Alternative Investment Market.

The independent FTSE Group maintains three indices for measuring the AIM, which are the FTSE AIM UK 50 Index , FTSE AIM 100 Index , and FTSE AIM All-Share Index .

CRITICISM

In March 2007, U.S. securities regulator or Administration in a year is actually fewer than 2%.

AIM has since issued new rules requiring that listed companies maintain a website {Link without Title} .

TRENDS

In March 2007 the '' Daily Telegraph '' noticed a tendency to use listing vehicles incorporated in Offshore Financial Centre s prior to floating on AIM. Some 35% of the companies floated on AIM during 2006 were from OFCs, of which the majority came from the Channel Islands or the British Virgin Islands . Essen, Yvette "Aim market: Offshore attractions for the 'sophisticated' investor" 12/03/2007

REFERENCES

SEE ALSO

EXTERNAL LINKS

	CATEGORIES ABOUT ALTERNATIVE INVESTMENT MARKET

	economy of the united kingdom

	stock exchanges in europe

	companies listed on the alternative investment market

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