LSE Reviewing Rules On Shell Companies by Robin Pilgrim, LawAndTax-News.com, London 24 November 2004 According to a report published by the Financial Times at the weekend, the London Stock Exchange is considering making changes to the listing rules with regard to 'shell' companies listed on its Alternative Investment Market (AIM). The FT explained that as a result of the increasing use of such vehicles, which are listed on the exchange but have little operating business, by entrepreneurs, the LSE is mulling an official review on the matter. Although the UK business daily suggested that the exchange may consider tightening rules on dormant shell companies, or increasing listing restrictions, the LSE reportedly refused to comment on the matter. .

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