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Capital Formation

Cozen O'Connor

SEC Semiannual Reporting Proposal: What Canadian Issuers and Advisors Should Be Watching

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On May 5, 2026, the U.S. Securities and Exchange Commission proposed amendments that would permit eligible U.S. public companies to move from quarterly reporting to an optional semiannual reporting framework through a new...more

Cozen O'Connor

SEC Proposes Transformative Reforms to Expand Access to Capital Markets and Simplify Reporting

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On May 19, 2026, the Securities and Exchange Commission (SEC) proposed two rules, referred to as (i) the Registered Offering Reform Proposal and (ii) the Filer Status Proposal, which seek to promote capital formation through...more

Lowenstein Sandler LLP

Borrowing Smart — Venture Debt and Other Financing Alternatives

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In this episode of The Founder's Hour, Debt Finance partner Raquel Smith joins hosts Laura Cicirelli and Eric Weiner to discuss venture debt facilities. They unpack the key terms founders should understand in venture debt...more

Orrick, Herrington & Sutcliffe LLP

Registered Offering Reform

On May 19, 2026, the U.S. Securities and Exchange Commission (the “SEC” or “Commission”) proposed amendments intended to facilitate capital formation in the public securities markets. The proposed amendments can be separated...more

Goodwin

When Everyone Wants In: Shifting Venture Financing Terms in the AI Era

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The companies at the frontier of artificial intelligence (AI) are reaching scale at speeds that have no precedent in the history of venture-backed technology. Anthropic reached $1 billion in annualized revenue roughly four...more

Vinson & Elkins LLP

Proposed Preemption of State Blue Sky Laws Could Benefit Non-Traded REITs

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On May 19, 2026, the Securities and Exchange Commission (“SEC”) issued a proposing release titled “Registered Offering Reform” that, among other sweeping changes to the registered offering process,...more

Troutman Pepper Locke

Investing in All of America Act Expands SBIC Leverage, Bonus Incentives, and Investor Base

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On May 19, 2026, President Donald Trump signed into law the Investing in All of America Act of 2025 (the Act). The Act significantly modernizes the Small Business Investment Company (SBIC) program by increasing leverage caps,...more

Holland & Knight LLP

Making IPOs Great Again: SEC Leaders Double Down on Capital Formation Agenda

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Over the past several months, and most recently in a series of statements delivered at the April 2026 Small Business Capital Formation Advisory Committee Meeting (the SBCAFC Meeting), SEC leaders have articulated a consistent...more

Jones Day

How Investors Are Adapting to the SEC's Deregulatory Agenda, and What to Do About It

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The SEC, under Chairman Paul Atkins, is pursuing a sweeping deregulatory agenda aimed at simplifying public company disclosure obligations, promoting capital formation, scaling requirements to company size, and refocusing the...more

BCLP

“Making the Pot Last Longer" - Co-Investment as an Essential Financing Tool for Private Equity Sponsors

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Over the course of the last six years, the UK has endured a seemingly unremitting series of geo-political and economic difficulties.  On 31 January 2020 “Brexit" saw the UK formally withdraw from the EU after being a member...more

Goodwin

SEC Proposes Amendments to Permit Optional Semiannual Reporting by Public Companies - May 2026 #2

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Welcome to Goodwin’s Public Company Advisory Practice News Roundup, which highlights the latest developments in SEC and stock exchange regulatory activity, corporate governance and other topics relevant to public company...more

A&O Shearman

Deferred payment of share capital: Luxembourg eases S.à r.l. incorporations

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On April 28, 2026, the Luxembourg Parliament voted a law allowing the deferred payment of the minimum share capital of private limited liability companies (the S.à r.l.) for up to 12 months after their incorporation (the...more

Lowenstein Sandler LLP

FinTech Five - Lowenstein's FinTech, Crypto, Trading & Markets Newsletter - May 5, 2026

On April 17, the Securities and Exchange Commission (SEC) published with immediate effectiveness a New York Stock Exchange (NYSE) proposed rule change that permits the trading of securities on the exchange in tokenized form....more

Mayer Brown Free Writings + Perspectives

IPOs in Focus at Upcoming SEC Advisory Committee Meeting

The Securities and Exchange Commission’s next meeting of the Small Business Capital Formation Advisory (“SBCFA”) Committee convenes April 28, 2026, to explore ways to encourage more companies to go public.  The SBCFA...more

Mayer Brown

US Government Equity and Equity-Linked Investments in Critical Minerals

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Federal equity and equity-linked instruments have become embedded in the sector’s financing architecture, with direct consequences for M&A structuring, capital formation, liability management, governance and exit planning....more

Mayer Brown Free Writings + Perspectives

FINRA Proposes to Exempt CTFs from its IPO Purchase Restriction Rules

On March 30, 2026, the Financial Industry Regulatory Authority (FINRA) proposed amendments to its rules imposing restrictions on the purchase and sale of equity securities offered in initial public offerings (IPOs) (Rule...more

Foley & Lardner LLP

SEC Speaks 2026: SEC Leadership Signals a Lighter Regulatory Touch, but Offers Few Enforcement Details

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At this year’s Securities and Exchange Commission (SEC or the Commission) Speaks, Chairman Paul Atkins and Commissioners Mark Uyeda and Hester Peirce delivered a broadly consistent message about the Commission’s direction: to...more

Fried Frank

Key Takeaways From SEC Speaks 2026

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The recurring theme during SEC Speaks on March 19 and 20, 2026, was the SEC’s plan to support innovation and technology through modernizing and right-sizing regulation....more

Vedder

SEC Speaks 2026: Key Takeaways on Developments in the Commission’s Approach to Examinations, Regulation, Enforcement and...

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The Practicing Law Institute, in collaboration with the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”), held its annual SEC Speaks conference (the “Conference”) on March 19 and 20, 2026, in...more

Kaufman & Canoles

Private Equity in U.S. Collegiate Sports: Legal Implications

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Private equity (PE) interest in U.S. collegiate athletics is accelerating as conferences and institutions pursue capital to fund facilities, monetize rights, manage NIL-era pressures, and navigate realignment-driven costs. ...more

Levenfeld Pearlstein, LLC

Independent Sponsor Series: Michael Kornman of Align Collaborate Discusses Unique Approach to Independent Sponsor Investments

To help businesses, investors, and deal professionals better understand the evolving independent sponsor landscape, Robert Connolly—a partner in LP’s Corporate Practice Group and leader of LP’s Independent Sponsor team—shares...more

A&O Shearman

EC Launches Consultation On Private Equity Exits

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The European Commission (EC) has launched a consultation seeking feedback on obstacles faced by private equity investors when exiting investments in EU private companies and on potential ways to address these obstacles. The...more

Eversheds Sutherland (US) LLP

SEC Chairman Atkins announces initiative to reform Regulation S-K

Atkins advances comprehensive reform to Regulation S-K with a focus on materiality....more

Mayer Brown Free Writings + Perspectives

SEC Advisory Committee Turns Spotlight on Finders and Secondary Market Growth

The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee convened virtually on February 24, 2026, marking its first meeting of the year following the government shutdown that disrupted its...more

Ropes & Gray LLP

AI Infrastructure Entering A New Phase: Key Insights from Metro Connect USA 2026

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What is the state of the U.S. digital infrastructure market in 2026? Ropes & Gray participated in Metro Connect USA, the largest digital infrastructure conference in the United States....more

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