Last week, the SEC solicited comments on a Nasdaq rule proposed August 25 that would modify the annual fees paid by domestic and foreign issuers listed on the exchange. American Depositary Receipts would not be impacted by the proposal
According to the proposal, the fee increases “are necessary to support the ongoing cost of issuer services and to fund future product and service investments.” The cost of monitoring listed companies for compliance with the exchange’s listing standards has also increased, Nasdaq said.
