A startup, backed by Silicon Valley investors, is looking to overhaul the current US stock exchange.
The new system will implement additional rules to reward long-term shareholding and business strategies to generate long-term results.
The LTSE is a more radical approach in some ways, as it proposes to build and operate an entirely new stock exchange. The exchange and listed companies would have to satisfy all of the normal SEC requirements that would allow shares to trade on other regulated US stock markets. On top of those, companies that list on the LTSE would agree to additional requirements that the SEC would enforce.
Read the full article at World Economic Forum