The recent proposal by the SEC would eliminate overlapping or unnecessary disclosures and promote a principles-based approach to MD&A.
Background -
On January 30, 2020, the US Securities and Exchange Commission (the...more
On December 18, 2019, the Securities and the Exchange Commission (the “SEC” or the “Commission”) published its proposal to amend the accredited investor definition set forth in Rule 501(a) of Regulation D under the Securities...more
1/8/2020
/ Accredited Investors ,
Family Offices ,
Investment Opportunities ,
Limited Liability Company (LLC) ,
Natural Person Requirement ,
Private Funds ,
Private Offerings ,
Proposed Amendments ,
Public Comment ,
Registered Investment Advisors ,
Regulation D ,
Rule 144A ,
Rule 501 ,
Rule 506 Offerings ,
Rural Business Investment Companies (RBICs) ,
Securities and Exchange Commission (SEC) ,
Small Offering Exemptions
On November 5, 2019, the Securities and Exchange Commission (“SEC”) proposed amendments to the federal proxy rules that would enhance the SEC’s regulation of proxy advisory firms.1 The proposed amendments to Rules 14a-1,...more
11/22/2019
/ Anti-Fraud Provisions ,
Conflicts of Interest ,
Disclosure Requirements ,
Exemptions ,
Filing Requirements ,
Glass Lewis ,
Information Statements ,
Institutional Shareholder Services (ISS) ,
Proposed Amendments ,
Proxy Advisory Firms ,
Proxy Materials ,
Proxy Voting Guidelines ,
Public Comment ,
Publicly-Traded Companies ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Solicitation ,
Transitional Arrangements
SEC is seeking public comments in its concept release in an effort to simplify, harmonize and improve the existing exempt offering framework.
On June 18, 2019, the Securities and Exchange Commission (the “SEC” or the...more
7/24/2019
/ Accredited Investors ,
Capital Formation ,
Capital Raising ,
Disclosure Requirements ,
ETFs ,
Exemptions ,
Harmonization Rules ,
Investor Protection ,
Offering Communications ,
Offerings ,
Pooled Investment Vehicles ,
Private Placements ,
Public Comment ,
Regulation A ,
Regulation D ,
Rule 506 Offerings ,
Secondary Markets ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Small Offering Exemptions
On May 3, 2019, the Securities and Exchange Commission (the "SEC") proposed amendments to its rules governing disclosure of financial statements by public companies or in initial public offerings ("IPOs") in connection with...more
5/20/2019
/ Acquisitions ,
Disclosure Requirements ,
Financial Statements ,
Foreign Corporations ,
GAAP ,
IFRS ,
Initial Public Offering (IPO) ,
Investment Funds ,
Investors ,
Pro Forma Financial Information ,
Proposed Amendments ,
Public Comment ,
Publicly-Traded Companies ,
Regulation S-X ,
Securities and Exchange Commission (SEC)
New Proposed Rules Aim to Eliminate Auditor's Attestation Requirement on Internal Controls under SOX 404(b) for Smaller Reporting Companies with less than $100 million in Revenues -
On May 9, 2019, the SEC proposed...more
5/18/2019
/ Accelerated Filers ,
Attestation Requirements ,
Auditors ,
Emerging Growth Companies ,
ICFR ,
Internal Controls ,
Proposed Amendments ,
Public Comment ,
Publicly-Traded Companies ,
Regulatory Burden ,
Sarbanes-Oxley ,
Section 404 ,
Securities and Exchange Commission (SEC) ,
Smaller Reporting Companies
The SEC is proposing to extend the testing-the-waters ("TTW") accommodation to all issuers, including investment company issuers.1 Citing the dominance of the IPO market by emerging growth companies ("EGCs")2 and evidence...more
2/25/2019
/ Accredited Investors ,
Corporate Issuers ,
Emerging Growth Companies ,
Initial Public Offering (IPO) ,
Investment Companies ,
JOBS Act ,
Offerings ,
Proposed Rules ,
Public Comment ,
Qualified Institutional Buyers ,
Regulation FD ,
Request For Information ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Testing-the-Waters Communications
SEC Adopts Hedging Rules, Extends Regulation A to all Public Companies and Solicits Comments on Earnings Releases and Quarterly Reports.
SEC Adopts Rules for Public Companies to Use Regulation A -
Keeping up with the...more
1/15/2019
/ Amended Rules ,
Capital Raising ,
Disclosure Requirements ,
Earnings Reports ,
Final Rules ,
Form 10-Q ,
Form 8-K ,
Hedging ,
Policies and Procedures ,
Public Comment ,
Public Offerings ,
Publicly-Traded Companies ,
Quarterly Report ,
Regulation A ,
Regulation S-K ,
Reporting Requirements ,
Securities and Exchange Commission (SEC)