The QCA Markets and Regulations Committee drafted this response to the Financial Services Authority's (FSA) consultation on shortening the rights issue subscription period, as recommended by the Rights Issues Review Group. The QCA agreed that rule 9.5.6 of the Listing Rules should be amended to allow rights issues subscription periods of at least 10 business days.
QCA Response to the FSA's Consultation on Rights Issues Subscription Periods
The QCA Markets and Regulations Committee drafted this response to the Financial Services Authority's (FSA) consultation on shortening the rights issue subscription period, as recommended by the Rights Issues Review Group.