The SEC has proposed amendments that would mandate electronic filing of Form 144 (currently it may be filed either by mail or electronically), eliminate the requirement to file a Form 144 with respect to sales of securities...more
The SEC today proposed amendments to the definition of “accredited investor,” one of the principal tests for who is eligible to participate in exempt private placements of securities. According to the SEC, the proposed...more
12/19/2019
/ Accredited Investors ,
Comment Period ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Limited Liability Company (LLC) ,
Private Placements ,
Professional Certifcates ,
Proposed Amendments ,
Public Comment ,
Qualified Institutional Buyers ,
Rule 144A ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC)
The SEC yesterday requested public comment on ways to simplify, harmonize, and improve the exempt offering framework to expand private investment opportunities while maintaining appropriate investor protections and to promote...more
6/20/2019
/ Capital Formation ,
Closed-End Funds ,
Comment Period ,
Crowdfunding ,
Investment Adviser ,
Investors ,
Pooled Investment Vehicles ,
Private Investment Funds ,
Public Comment ,
Regulation A ,
Rule 504 ,
Rule 506 ,
Securities and Exchange Commission (SEC)
The SEC today voted to propose amendments to the definitions of "accelerated filer" and "large accelerated filer," which are used to determine, among other things, the filing deadlines for periodic reports and the requirement...more
5/10/2019
/ Accelerated Filers ,
Audits ,
Financial Reporting ,
ICFR ,
Internal Controls ,
Proposed Amendments ,
Public Comment ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Smaller Reporting Companies ,
Threshold Requirements
The Securities and Exchange Commission proposed amendments to the financial disclosure requirements in Rules 3-05, 3-14, and Article 11 of Regulation S-X, as well as related rules and forms, for financial statements of...more
The SEC today issued final rules to amend Securities Act Rule 701, which provides an exemption from registration for securities issued by private companies pursuant to compensatory arrangements, such as equity plans. As...more
7/18/2018
/ Amended Rules ,
Disclosure Requirements ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Form S-8 ,
Gig Economy ,
Goods or Services ,
Public Comment ,
Public Offerings ,
Registration Requirement ,
Regulatory Agenda ,
Rule 701 ,
Securities and Exchange Commission (SEC) ,
Threshold Requirements