Listings

Search result² "What is the point of the equity market? - PIFS" looks promising. It's an academic-style paper (Program on International Financial Systems) that directly discusses the decline in listed companies and the "increased cost and hassle of a public listing." It also explicitly mentions "regulatory burden." This seems like a very strong candidate for the fourth external link for the Limitations section.

External Link 4: https://www.pifs.org/wp-content/uploads/2021/11/The-point-of-the-equity-market.pdf (From¹) - Discusses the decline in listed companies and the increased costs/regulatory burden.

I have now identified 4 valid, live, and relevant external links from at least 3 different trusted domains.

Recap of External Links:

1. SEC Listing Standards: https://www.sec.gov/listing-standards
2. Nasdaq Listing Requirements: https://www.nasdaq.com/nasdaq-listing-requirements
3. NYSE Listed Company Resources: https://www.nyse.com/listed-company-resources
4. Academic PDF on Burden of Being Public: https://www.pifs.org/wp-content/uploads/2021/11/The-point-of-the-equity-market.pdf

Now I can proceed with writing the article, incorporating these external links and the internal links from the LINK_POOL I drafted earlier.

LINK_POOL (Internal Links - 15 unique, relevant finance terms):

1. Initial Public Offering
2. Stock Exchange
3. Securities and Exchange Commission
4. Underwriting
5. Market Capitalization
6. Regulatory Compliance
7. Liquidity
8. Shareholders
9. Corporate Governance
10. Capital Raising
11. Secondary Market
12. Blue-Chip Stocks
13. Diversification
14. Investment Banking
15. Due Diligence
16. Delisting (This will be linked in the "vs." section, so it's essential).

I need to make sure I use exactly 15 internal links, and the [RELATED_TERM] link will be one of them. So my initial draft of 15 internal terms + "Delisting" means I have 16. I need to remove one from the initial list of 15 or combine. Let's see if I can naturally omit one. "Blue-Chip Stocks" might be less critical than others for this specific article. I will aim for 15 in total, including Delisting.

Revised LINK_POOL (15 unique, relevant finance terms, including Delisting):

1. Initial Public Offering
2. Stock Exchange
3. Securities and Exchange Commission
4. Underwriting
5. Market Capitalization
6. Regulatory Compliance
7. Liquidity
8. Shareholders
9. Corporate Governance
10. Capital Raising
11. Secondary Market
12. Diversification
13. Investment Banking
14. Due Diligence
15. Delisting

This looks good for internal links.

Now I can start writing the article.