Research Library

We are patriots whose sole motivation is the betterment of this nation and mankind.

Basic

Market structure is causing the IPO crisis — and more

As Congress battles over the shape of financial reform, will it address the lack of a properly functioning market structure? The market for underwritten IPOs, given its current structure, is closed to 80 percent of the companies that need it…

Basic

A wake-up call for America

This study explores what the authors term “The Great Depression in Listings,” the precipitous decline over the last decade in the number of publicly listed companies in the United States…

Basic

Making Stock Markets Work to Support Economic Growth

This study provides critical observations on the state of key global equity markets as recent developments have put into question their efficiency and effectiveness in facilitating capital formation. It covers the top 26 initial public offering (IPO)…

Basic

The trouble with small tick sizes

Larger tick sizes will bring back capital formation, jobs and investor confidence. The Jumpstart Our Business Startups (JOBS) Act, signed into law on April 5, 2012, delivered two of the three legs of the stool required to revive the U.S. IPO market…