Division of Corporation Finance Updates Its Confidential Submission Process for Emerging Growth Companies and Foreign Private Issuers

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On June 28, 2012, the SEC Division of Corporation Finance provided an updated announcement stating that emerging growth companies (EGCs) and foreign private issuers (FPIs) should continue to use the secure email system currently in place but that Edgar will be reconfigured to allow for an EDGAR-based system for confidential and non-public submission of draft registration statements.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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