“…194 Reasons for the USM's sharp decline included depressed market sentiment associated with an early-1990s recession and a European Union capital market reform-inspired narrowing of the regulatory requirements involved with joining the USM and with obtaining a full LSE quotation, with the latter being preferable due to greater prestige and visibility. 195 The LSE announced in late 1992 it was minded to phase out the USM by 1995. 196 It confirmed its intention in 1993.…”
Section: A Stock Exchange Golden Era (Mostly) (1980-2000)mentioning
“…194 Reasons for the USM's sharp decline included depressed market sentiment associated with an early-1990s recession and a European Union capital market reform-inspired narrowing of the regulatory requirements involved with joining the USM and with obtaining a full LSE quotation, with the latter being preferable due to greater prestige and visibility. 195 The LSE announced in late 1992 it was minded to phase out the USM by 1995. 196 It confirmed its intention in 1993.…”
Section: A Stock Exchange Golden Era (Mostly) (1980-2000)mentioning
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