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Article: Amid Plunging IPO Activity in 2008, CCMR Finds That U.S. Public Equity Market Competitiveness Continues Its Decline.
- Article from:
- Investment Weekly News
- Article date:
- September 20, 2008
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The Committee on Capital Markets Regulation ("Committee") released its findings documenting the huge second quarter decline in IPO activity in the United States and foreign markets, a continuing reduction in the ability of U.S. markets to capture IPOs, and a failure by U.S. markets to list any of the largest IPOs in 2008.
To be sure, these findings, part of the Committee's competitiveness update for the second quarter, underscore the savage impact of the credit crisis on U.S. markets. But they also once again showed the continuing deterioration in U.S. financial market competitiveness.
The Committee, an independent and nonpartisan research organization ...