AAMC - Altisource Asset Management gets deficiency letter from NYSE

Altisource Asset Management (NYSE:AAMC) on Friday said it got a letter from the NYSE that the alternative lending company was not in compliance with certain listing rules. AAMC said it had until June 30 to submit to the NYSE a plan that would bring the company into compliance within 18 months from getting the letter. The company said it intends to submit a plan by the June 30 deadline. AAMC said the receipt of the letter did not affect the company’s business, operations or reporting requirements with the U.S. SEC.

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Altisource Asset Management gets deficiency letter from NYSE