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Revisions to the Cost-of-Capital Composite Railroad Criteria

The Surface Transportation Board (STB or Board) is adopting a final action to update one of the screening criteria used to create the ``composite railroad'' for the Board's annu...

The Surface Transportation Board (STB or Board) is adopting a final action to update one of the screening criteria used to create the ``composite railroad'' for the Board's annual cost-of-capital determination. This final action requires a company's stock to be listed on either the New York Stock Exchange (NYSE) or the Nasdaq Stock Market (NASDAQ), rather than on either the NYSE or American Stock Exchange (AMEX), as the AMEX no longer exists.

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Federal Register Citation

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82 FR 49295

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“Revisions to the Cost-of-Capital Composite Railroad Criteria,” thefederalregister.org (October 25, 2017), https://thefederalregister.org/documents/2017-22894/revisions-to-the-cost-of-capital-composite-railroad-criteria.