I read about it as well. Basically regulators want to to stamp out crappy raggedity loose companies that keep ripping off shareholders with consolidations and pitifully opaque CRs. Rather than the stick (which doesn't seem to work very well), the regulators are gonna focus on the carrot. that way shell companies like CMY will never get a foothold in the market as IPO will be an equally attractive, if not more attractive option. here's hoping for no more rip off shell companies.
