Number: RL33796
Title: Sarbanes-Oxley and the Competitive Position of U.S. Stock Markets
Authors: Mark Jickling, Government and Finance Division 
Abstract: This report provides a context for evaluating arguments about the competitive position of U.S. stock markets. The tables and charts in this report present data that illustrate trends in global markets since 1995. The first set of data gives a sense of how the world's stock exchanges rank in size - in other words, where the competition lies. Subsequent tables set out data on new listings and delistings at the major exchanges, and on trends in international listings. Finally, the record in capital formation is examined: how much have firms raised on the major exchanges through IPOs, through follow-up stock offerings. Some data ongoing-private transactions are also presented.
Pages: 23
Date: January 11, 2007