Following the lead of California, Illinois and other states, Nasdaq, which is home to some of the largest companies in the world including Amazon, Google and Facebook, may require diversity on the board of directors of those...more
The ability to raise capital is one of the most critical challenges facing small businesses in the U.S. today. Capital can allow for exponential growth of a well-run startup with a good idea, but the lack of capital is the...more
On May 22, 2020, Judge Paul G. Gardephe of the Southern District of New York, in Kirschner v. JPMorgan Chase, reaffirmed that syndicated bank loans are not securities. In Kirschner, the plaintiff alleged that a $1.77 billion...more
The Economic Growth Regulatory Relief and Consumer Protection Act, which was signed into law by President Trump on May 24, 2018, directs the US Securities and Exchange Commission (SEC) to amend a significant provision of Rule...more
First Spotify changed the music industry. Now it might change the way we think about public offerings.
On Wednesday, February 28, 2018, Spotify filed its prospectus to go public through a direct listing on the New York...more
3/2/2018
/ Amended Rules ,
Capital Raising ,
Direct Listing ,
Financial Markets ,
Financial Services Industry ,
Initial Public Offering (IPO) ,
Music Streaming ,
Nasdaq ,
NYSE ,
Publicly-Traded Companies ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Spotify ,
Underwriting ,
Valuation Experts
...The Securities and Exchange Commission (the “Commission”) Wednesday announced updated cybersecurity guidance for public companies. This guidance reinforces the Division of Corporation Finance guidance issued in October...more
2/23/2018
/ Anti-Fraud Provisions ,
Cybersecurity ,
Data Protection ,
Disclosure Requirements ,
Guidance Update ,
Investment Adviser ,
Policies and Procedures ,
Popular ,
Publicly-Traded Companies ,
Regulatory Oversight ,
Securities and Exchange Commission (SEC)
On January 22, 2018, US Securities and Exchange Commission (SEC) Chairman Jay Clayton gave the opening remarks at the Securities Regulation Institute. His comments provided helpful guidance on several noteworthy topics...more
2/9/2018
/ Blockchain ,
CFTC ,
Clawbacks ,
Distributed Ledger Technology (DLT) ,
Dodd-Frank ,
Executive Compensation ,
Initial Coin Offering (ICOs) ,
Mandatory Disclosure Rules ,
Name Changes ,
Pay Ratio ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Security-Based Swaps ,
Statutory Requirements