Consultations

S&P Dow Jones Indices Consultation on the Treatment of Spin-offs with Long Lead Times and Uncertain Valuations

Open for comment until Apr 8, 2022

This consultation is no longer open. The survey below is provided for reference purposes only. You will not be able to interact with it.

  • Step 1About You
  • Step 2Survey
  • Step 3Submit
    • First Name*
    • Last Name*
    • Company*
    • Email*

    S&P DJI makes responses to consultations freely available upon request with redacted individual and company names unless requested to be confidential. Do you wish for your response to remain confidential?*


      • In scenarios where the expected value of a spin-off entity is expected to be immaterial, which option do you prefer?
      • In scenarios where a spin-off entity is an ineligible security type, but the value is expected to be material, which option do you prefer?
      • In scenarios where the expected value of a spin-off entity is uncertain, but expected to be significant, and when there is a significant gap between the ex-date and distribution, should spin-offs be added to indices?
      • If the spin-off is added on the ex-date, how should it be valued between the ex-date and the first trading date?
      • If the spin-off is added on the ex-date and there is no guidance issued for when trading may begin, how long should it be kept in the indices?
      • Should any changes be adopted as a result of this consultation, do you have any concerns regarding a possible implementation date (please specify)?
      • Do you have any other comments or feedback regarding the proposed changes outlined above?
  • Please be advised that all comments from this consultation will be reviewed and considered before a final decision is made; however, S&P DJI makes no guarantee nor is under any obligation to comply with any of the responses. The survey may result in no changes or outcome of any kind. If S&P DJI decides to change the index methodology, an announcement will be posted on our website.


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