S&P Weighs New Index Rules to Speed Up Addition of Mega IPOs

S&P Dow Jones Indices LLC has launched a consultation that could eventually speed up the entry of mega cap companies seeking to IPO into its indexes, including the S&P 500.

The rule change would shorten the amount of time a company needs to be public before being eligible to enter its indexes to six months versus the current minimum of 12, according to a statement on Thursday, confirming a previous Bloomberg report. The index provider is also weighing new rules that may waive the requirements on profitability and liquidity for large companies.