[SEC Approves New Rule: Companies with Market Value Below $5 Million to Face Accelerated Delisting] Reported by Golden Finance, on July 23, Nasdaq will amend its rules to expedite the removal of poorly performing companies. Previously, regulators closely monitored the sharp market fluctuations and manipulation allegations surrounding microcap stock trading. According to a plan approved by the U.S. Securities and Exchange Commission (SEC) on Wednesday, if the securities of a Nasdaq-listed company maintain a market value below $5 million for 30 consecutive days, they will face immediate suspension and delisting, with limited opportunities for appeal. This stricter standard is expected to impact the microcap and "penny stock" markets. Regulators had previously issued warnings regarding "Pump-and-Dump" fraud schemes that leverage advanced technology. In the approval document, the SEC stated that low-priced, low-market-value stocks require less capital for manipulation, making them more susceptible to market manipulation or sharp volatility. (Jin10)