Money from initial offerings is set to hit levels last reached during the dotcom era, according to the Financial Times. NYSE and NASDAQ deals have raised $51 billion this year, compared with $46 billion on the LSE and AIM. Interesting. So if this holds, it will mark the first time in three years that the U.S. has outpaced the London markets. So what to make of it? Well, it likely suggests some marketing from the NYSE and NASDAQ. It would be hard in my opinion to make a grand Sarbanes Oxley or competitiveness statement based on this. One view, however, is that all the fear about the lack of competitiveness may be overblown. If only some of those big issues would fare better in the aftermarket.   

For more:  
- here's the Financial Times article