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M&G suspends a second UK property fund

M&G's life and pensions arm said it has suspended a 164 million pound property fund, days after the British fund manager froze dealing in its 2.5 billion pound ($3.21 billion) flagship UK property fund.

UPDATE 2-SEC rejects NYSE's proposal on U.S. direct listings

The U.S. Securities and Exchange Commission (SEC) has rejected a proposal by the New York Stock Exchange for a rule change that would allow U.S direct listings to raise new capital like in an initial public offering (IPO), NYSE said on Friday.

SEC rejects NYSE's proposal on U.S. direct listings

The New York Stock Exchange (NYSE) said on Friday that the U.S. Securities and Exchange Commission (SEC) had rejected its proposal for a rule change that would allow U.S direct listings to raise new capital.

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