#2009-001 VSTEX rules amendments (August 3, 2009)- What You Need To Know
Our Listing Rules do evolve and adapt in accordance with the evolution of SL financial markets and new issues arising from time to time. Also, RL factors are accounted for.
- Additional Information
For more detailed information, please see our Listing Rules (Section C - Issuer Listing Fees).
Today our
Listing Rules have been amended by waiving the Continued Listing Fee until December 31, 2010.
As usual, the latest changes are outlined in red.
The ongoing world economic crisis is effectively drawing resources out of Second Life and Second Life financial markets; that's why we're adapting our fees scheme accordingly. While our fees are nowhere close to be high for any business but a struggling one, we believe we should contribute with helping our issuers cut down on their cost structure.
Our Continued Listing Fee is being waived until December 31, 2010. This means, it will be due again on January 1, 2011 (unless new changes occur).
Additionally, we're waiving our relisting fees (those fees are not covered by our Listing Rules) and until December 31, 2010 companies can apply to relist on our exchange and, if approved, won't incur in any fee.
