AMERICAN STOCK EXCHANGE

AMERICAN STOCK EXCHANGE

American Stock Exchange. An organized stock exchange and self-regulating organization under the Securities Exchange Act of 1934, located in New York City and engaged in national trading of corporate stocks. ? It often trades in the securities of young or small companies because its listing requirements are less strict than those of the New York Stock Exchange. ¡ª Abbr. AMEX; ASE. [Cases: Exchanges 1¨C15; Securities Regulation 40.10¨C40.16. C.J.S. Exchanges ¡ì¡ì 2¨C43; Securities Regulation ¡ì¡ì 154¨C163, 165¨C168.]
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