The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/5/2018
/ Acquisition Agreements ,
Acquisitions ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Non-GAAP Financial Measures ,
Offerings ,
Public Offerings ,
Rule 144A ,
Securities and Exchange Commission (SEC)
Non-US sovereigns can take advantage of a streamlined registration process to obtain financing in the US capital markets.
Key Points:
..SEC registration offers certain advantages that non-US sovereign issuers...more
The SEC will require IFRS filers to use XBRL starting in 2018.
Key Points -
FPIs using IFRS are subject to XBRL starting in 2018:
..XBRL filing is voluntary in 2017, and will be required for filings beginning...more
The SEC will require foreign private issuers that report in IFRS to submit XBRL financial statements for annual reports filed during 2018.
On March 1, 2017, the Securities and Exchange Commission (SEC) published a...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more
1/20/2016
/ Emerging Growth Companies ,
Financial Reporting ,
Financial Statements ,
Foreign Private Issuers ,
Form 8-K ,
GAAP ,
Internal Controls ,
Non-GAAP Financial Measures ,
Public Offerings ,
Rule 144A ,
Securities and Exchange Commission (SEC)
This is our initial public offering guide. It will help you decide whether an IPO is the right move for your company and, if so, help you make sure your IPO goes off as quickly and as smoothly as possible, without any...more
12/11/2015
/ Corporate Counsel ,
Emerging Growth Companies ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Statements ,
Initial Public Offering (IPO) ,
Internal Controls ,
JOBS Act ,
Publicly-Traded Companies ,
Safe Harbors ,
Sarbanes-Oxley ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Fraud ,
Young Lawyers
As amended, Regulation A now provides an exemption from registration for certain issuers offering up to US$50 million of securities in a 12-month period.
On March 25, 2015, the Securities and Exchange Commission (SEC)...more
In the last installment on the US margin regulations, we touched on the building blocks of Regulation U, which prohibits a bank or a non-bank lender (who is not a broker-dealer) from extending “purpose credit” that is...more
An Updated Look at the World of Offers -
It all seems simple enough. The concept of “offer” is broad under the securities laws, so companies and underwriters need to be careful about any publicity in connection with a...more
3/7/2014
/ Compliance ,
Corporate Counsel ,
Corporate Governance ,
Dodd-Frank ,
Initial Public Offering (IPO) ,
JOBS Act ,
Offers ,
Press Releases ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Underwriting
Your issuer client is getting ready to launch a high-yield debt offering. When you get to the office and check your messages, you learn that your client has a couple of questions about the representation in the purchase...more
3/6/2014
/ Banking Sector ,
Broker-Dealer ,
CFTC ,
Federal Reserve ,
Financial Industry Regulatory Authority (FINRA) ,
Margin Calls ,
NYSE ,
Regulation T ,
Regulation U ,
Regulation X ,
Securities and Exchange Commission (SEC)
Joel Goodson, the eager and unconventionally entrepreneurial in-house counsel at Lana Co., is on the line with a problem. No, it’s not his missing Steuben crystal egg — instead, he’s asking about the level of detail required...more
Your good client Socrates is on the line. Socrates — who gave up a promising career in philosophy to take up professional soccer — has an ethics question for you. No, he is not asking you to explain Stoicism, Epicureanism or...more
The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward.
This User’s...more