November 27, 2006
Nasdaq plans to offer 4 audio webcasts, 4 press releases and 4 Form 8-K filings to its listed companies. These services will be paid for through a portion of the proposed fee increases which are mandatory payments regardless of whether such services are used.
All of these services are presently widely available to all Nasdaq companies on a commercial and competitive basis. There is no objection to Nasdaq offering these or similar services, but it should do so on a competitive basis with a separate fee schedule to maintain the freedom of choice that companies enjoy today.