MCLEAN, Va. — Rowe Cos., which has been operating under Chapter 11 bankruptcy

protection since September, has told the American Stock Exchange it intends to voluntarily withdraw its common stock listing.

The company, which earlier had been warned by Amex that it wasn’t in compliance with stock exchange guidelines, said it opted to voluntarily withdraw because of budgetary restrictions included in the terms of its debtor-in-possession financing.

The financing agreement, for example, doesn’t allow Rowe to pay for an independent review and audit of its financial statements – steps that are required before a company files quarterly and annual reports with the Securities and Exchange Commission.

Rowe and its two operating subsidiaries, upholstery producer Rowe Furniture and retailer Storehouse Inc., filed for bankruptcy protection on Sept. 18.