calgarymicro

Even with the CRSP indexes this was recently changed to make fast-tracking for these IPOs easier.[0]

> CRSP indexes were also recently changed to better accommodate fast entry . . . Previously, these screens included having at least 10% of shares qualifying as freely tradeable (known as float shares outstanding, or FSO). However, in April the methodology changed to allow stocks with either 10% FSO or approximately $3.3 billion in float-adjusted market capitalization to be eligible for index inclusion.

That change is notable because both Anthropic and SpaceX are planning to IPO at well under that old 10% requirement.[1] Neither would have qualified for fast-track inclusion before, but both are virtually guaranteed to clear the absolute valuation bar.

> However, an employer may ask about criminal conviction(s) after extending a conditional offer of employment (the employer can never ask about arrests or criminal acusations that aren't pending). An employer who properly asks about a criminal conviction can only withdraw the offer or take adverse action against the applicant for a legitimate business reason that is reasonable under the six factors* listed in the Act.

One of the six factors is "Fitness or ability of the person to perform one or more job duties or responsibilities given the offense"[1], which they probably could have invoked after asking (though they never checked or didn't check thoroughly enough, so I guess it's moot).