Industry Task Force Makes Capital Formation Recommendations

Morrison & Foerster LLP - JOBS Act

An industry task force, the Equity Formation Task Force, which might well be seen as a successor to the IPO Task Force, recently presented a report to the U.S. Treasury Department recommending a few additional measures to facilitate capital formation.  Here is a link to the group’s press release:

The report repeats a number of the recommendations made by other groups, such as calling for the SEC to propose a framework for Section 3(b)(2) (or Regulation A+) offerings as required by the JOBS Act, and a pilot program on wider tick sizes.  Here is a link to the report:

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