NYSE's Farley: It's Time to Rethink Regulations

The video discusses the current business environment, focusing on the decline of public companies and the regulatory challenges they face. It highlights the reasons behind the decrease in public companies, such as increased fixed costs and regulatory burdens. The discussion also covers the advantages of private companies and the strategies for successful IPOs, emphasizing the importance of choosing the right venue for public listing.

What is one reason for the decline in the number of public companies in the US?

• Decrease in market capitalization

• Higher fixed costs due to regulations

• Increased competition from international markets

• Lack of interest from investors

Which regulation is mentioned as increasing the fixed costs for public companies?

• Dodd-Frank Act

• Glass-Steagall Act

• Gramm-Leach-Bliley Act

• Clayton Antitrust Act

What has grown in the shadow of increased fixed costs for public companies?

• Government subsidies

• International trade

• Public financing industry

• Private financing industry

Why might employees of large private companies like Uber seek an IPO?

• To gain liquidity

• To reduce competition

• To avoid regulations

• To increase company size

What is a key factor for companies when choosing a venue for their IPO?

• Number of competitors

• Proximity to headquarters

• Historical significance

• Confidence in smooth execution