Wednesday, June 13, 2007

OMX chiefs say U.S. rules won't apply after merger

(Reuters) - In a signed article in Swedish business daily Dagens Industri, Chairman Urban Backstrom and Chief Executive Magnus Bocker sought to assuage concerns raised by some banks, brokerages and owners that the deal would mean more demanding U.S. regulations would apply to them.



"OMX would not have announced the deal without being absolutely convinced that a merger with Nasdaq would not mean the Nordic exchange, its members or listed firms were forced to adapt to U.S. rules against their will," the heads of OMX said.


Read more at Reuters.com Mergers News

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