The SEC approved a Nasdaq rule change to accelerate removal of weak issuers: Nasdaq-listed securities with market value below $5 million for 30 consecutive days will face immediate suspension and delisting with limited appeal rights. The tighter threshold is aimed at microcap and penny-stock markets amid regulator concerns over sharp volatility and manipulation, including tech-enabled pump-and-dump schemes. The SEC said low-priced, low-market-cap stocks require less capital to manipulate and are

The SEC approved a Nasdaq rule change to accelerate removal of weak issuers: Nasdaq-listed securities with market value below $5 million for 30 consecutive days will face immediate suspension and delisting with limited appeal rights. The tighter threshold is aimed at microcap and penny-stock markets amid regulator concerns over sharp volatility and manipulation, including tech-enabled pump-and-dump schemes. The SEC said low-priced, low-market-cap stocks require less capital to manipulate and are therefore more susceptible to manipulation and extreme swings.