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Axios
Axios
Business
Dan Primack

NYSE files new direct listings proposal

Photo: Scott Heins/Getty Images

The New York Stock Exchange on Wednesday filed a new proposal with federal regulators, aimed at allowing companies to raise money via direct share listings.

Details: The proposal has slightly different numbers than the original effort, which the SEC rejected last week, but still would help companies go public without relying on Wall Street banks to price their shares.

Go deeper: NYSE proposes allowing companies to raise capital in direct listings

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