Which department recommends changes to the listing rule?

Which department recommends changes to the listing rule?

• A. Corporate governance division
• B. Corporate planning division
• C. Internal audit division
• D. Corporate finance division

Answer: (D)

Listing rules govern how securities join and stay on the market, and the division that works most closely with issuers, capital-raising, and market structure is the corporate finance division. This team analyzes how listings operate, how amendments would affect fundraising, disclosure, and investor protection, and is in a position to propose changes that improve market efficiency and transparency. Other divisions focus on governance standards, internal controls, or strategic planning, rather than shaping the regulatory framework for listings.

Listing rules govern how securities join and stay on the market, and the division that works most closely with issuers, capital-raising, and market structure is the corporate finance division. This team analyzes how listings operate, how amendments would affect fundraising, disclosure, and investor protection, and is in a position to propose changes that improve market efficiency and transparency. Other divisions focus on governance standards, internal controls, or strategic planning, rather than shaping the regulatory framework for listings.