Nasdaq asks SEC to approve listings of "stockpiling" firms

02/4/2011 | Wall Street Journal, The

The Securities and Exchange Commission is considering a plan by Nasdaq OMX Group to allow companies that stockpile commodities to list, raising concern about the illiquid nature of commodity markets in which stockpilers operate. If the SEC approves Nasdaq's request, it will be the first securities exchange in the country to list firms focused on buying and holding commodities.

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