The London Stock Exchange is to review the regulatory framework for its junior stock market, Aim. Under new proposals the nominated advi...

The London Stock Exchange is to review the regulatory framework for its junior stock market, Aim. Under new proposals the nominated advisors – nomads – will get their own rule book and all Aim companies will be required to display core management and financial information on their websites. Consultation on the proposed changes will start immediately and last two months. If market participants agree, the new rules will take effect from the beginning of next year. Until now, the nomads’ responsibilities have been reflected only in the rule book for Aim companies, of which there are now around 1,600.