[Ducati] Ducati no longer trading on the NYSE due to costs

[Alex]

You are correct, the Sarbanes-Oxley ("sarbox") rules have imposed 
huge burdens on companies, which is why you've had a bunch of 
companies de-list from American exchanges and re-list on the LSE or 
DAX (UK or Gemany typically).

For a company like Ducati which only traded about 20,000 shares last 
year, there is no justification.

I doubt it is in the millions, but it is certainly a lot of money 
that would be wasted, IMHO.

Some companies trade 20,000 shares in a matter of minutes.



At 09:04 AM 6/19/2007, you wrote:
>
>I heard that since Enron and other scandals of this type that the 
>cost of  just being on the NYSE had risen to between 1 and 2 million 
>dollars a  year.  If this is truly the case then it's a smart move. 
>Since you could  not fill a thimble with what I know about this sort 
>of thing I must post a  disclaimer that I am a stone cold dummy on 
>this subject. But the person who said  that to me is not, so it's 
>probably correct. Based on this document I just Googled which seems 
>to be on this subject - he might have been low:
>
>_http://www.fei.org/download/foley_6_16_2005.pdf_
>(http://www.fei.org/download/foley_6_16_2005.pdf)
>
>Vicki
>