ShareSoc slams London Stock Exchange over AIM failures – that was the title of a press release which ShareSoc has issued after the LSE Group’s AGM which was held today – see http://www.sharesoc.org/pr76lseaim.html
ShareSoc Director Mark Bentley spoke at the AGM and suggested that “AIM is full of dubious businesses led by dubious people”. He asked them to do something about it. Perhaps the merger with the German Deutsche Boerse will mean the introduction of a more disciplined approach to some of the problems Mark highlighted. It would certainly be an opportune moment to do so.
A fuller report of the AGM will be produced for ShareSoc members in due course.