On February 2, the SEC approved the New York Stock Exchange’s proposal to facilitate “direct listings” by companies that do not intend to sell shares in an initial public offering. ...
Bills Would Expand Testing the Waters, Codify Confidential Submission of Draft Registration Statements and Modify Accredited Investor Definition
On November 1, the House passed two bills...
On October 11, the SEC proposed amendments designed to simplify public company disclosure, reduce repetition, eliminate outdated requirements and improve overall presentation and navigabi...
Last Wednesday, the SEC issued a proposal aimed at eliminating or updating duplicative, overlapping and obsolete disclosure requirements. The proposal is welcome, but largely technical in...
Last week, the Financial Industry Regulatory Authority entered into settlement agreements with a number of the major banking firms in response to allegations that their equity research an...
On December 4, 2013, the Division of Corporate Finance of the Securities and Exchange Commission (the “SEC”) issued Compliance and Disclosure Interpretations (“C&DIs”) regarding t...
On July 10, 2013, the SEC adopted amendments to the Regulation D and Rule 144A private-placement safe harbors, which will eliminate the prohibition on widespread advertising and other for...
Today the SEC adopted amendments to its private offering safe harbors as mandated by the JOBS Act of 2012. These amendments to Rule 506 and Rule 144A under the Securities Act of 1933 will...
On March 22, 2012, the Senate passed the Jumpstart Our Business Startups Act (the “JOBS Act”), in substantially the same form passed by the House of Representatives on March 8, 2012, ...
