Alex McClean, chair of the firm’s Securities & Capital Markets practice, was recently interviewed in Buffalo Business First regarding a proposed Nasdaq rule that could accelerate the delisting of smaller public companies. The proposal would require Nasdaq‑listed companies to maintain a minimum market value of $5 million, with delisting triggered after 30 consecutive business days below that threshold. McClean raised concerns that the proposed timeframe is too short and could harm investors, noting that the rule may pressure smaller companies to pursue rapid growth, mergers, or alternative listing options, including OTC markets or foreign exchanges.