NPR logo

Stock Spinning

Only Available in Archive Formats.
Stock Spinning

Stock Spinning

Stock Spinning

Only Available in Archive Formats.

NPR's Chris Arnold reports the Securities and Exchange Commission is putting pressure on investment banks to reform the way they allocate stock in highly publicized IPOs or initial public offerings. Reports that some firms have been using IPO stock as a lure to draw future customers raised regulatory concerns. One firm has already announced an overhaul of the rules governing new stock issues.