The Perils That Lurk in Foreign Firms' Listings

Mail on SundayMay 02, 2006

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Summary


Clara Furse has done a grand job for the London Stock Exchange of late.

She has managed to ensure that the LSE's share price has risen to levels that would have looked inconceivable not so long ago, so there will be rich pickings for many of her investors if or when one of her many suitors manages to wring the words 'I do' from the City's first lady.

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The Perils That Lurk in Foreign Firms' Listings

She has also cleverly used the fearsome Sarbanes-Oxley legislation in the US to encourage a host of companies to list their shares in London rather than New York, to take advantage of our lighter-touch regulation.

One of t...

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