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Threshold Requirements Amended Regulation

Foley Hoag LLP

QPAM Amendment – Action Required by Investment Managers

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The U.S. Department of Labor (“DOL”) has amended the qualified professional asset manager (“QPAM”) class prohibited transaction exemption 84-14 (“QPAM Exemption”), effective as of June 17, 2024 (“QPAM Amendment”)....more

Goodwin

New Appropriations Bill Reforms Antitrust Laws and Modifies HSR Fees

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On December 29, President Biden signed into law the Consolidated Appropriations Act, 2023 (CAA-23) — a $1.7 trillion omnibus spending package that includes notable changes to current antitrust laws and policies. This...more

Mayer Brown Free Writings + Perspectives

SRC Amendments Effective

In June 2018, the Securities and Exchange Commission adopted amendments to the definition of “smaller reporting company.” Under the amendments a company with a public float of less than $250 million qualifies as an SRC....more

Mintz

SEC Amends Definition of “Smaller Reporting Companies” (SRCs) to Increase the Number of Companies that Qualify for Scaled...

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The SEC has voted to amend the definition of the term “smaller reporting company” as used in its rules and regulations. Under the amended definition, which takes effect on September 10, 2018, SRCs are companies that...more

Kelley Drye & Warren LLP

SEC Increases Threshold for Qualifying as a Smaller Reporting Company

On June 28, 2018, the Securities and Exchange Commission (SEC) approved amending the definition of “smaller reporting company” (SRC) to increase the financial thresholds for qualification. This change will significantly...more

K&L Gates LLP

Bigger Is Smaller: SEC Amends Its Definition of “Smaller Reporting Company,” Making Related Disclosure Relief Available to More...

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On June 28, 2018, the Securities and Exchange Commission (the “SEC”) adopted amendments to the definition of “smaller reporting company” (“SRC”) as used in the SEC’s rules and regulations. The amendments, which will become...more

Cooley LLP

Alert: SEC Expands Eligibility for Smaller Reporting Company Status

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At the end of June, the SEC voted unanimously to amend the definition of "smaller reporting company," or SRC, allowing more companies to take advantage of the scaled disclosures permitted, on an item-by-item basis, for...more

Sullivan & Worcester

SEC Amends “Smaller Reporting Company” Definition - July 2018

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The Securities and Exchange Commission has approved amendments to its "smaller reporting company" (SRC) definition, which, effective on or around September 10, 2018, will expand the number of companies that qualify for...more

Orrick, Herrington & Sutcliffe LLP

Amendments to Smaller Reporting Company Definition

On June 28, 2018, the Securities and Exchange Commission ("SEC") adopted amendments to the definition of "smaller reporting company" to expand the number of public companies that are eligible to provide scaled disclosure and...more

Winstead PC

SEC Expands the Definition of “Smaller Reporting Company”

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On June 28, 2018, the Securities and Exchange Commission (SEC) adopted amendments to the definition of “smaller reporting company” to expand the number of companies that qualify for certain scaled disclosure requirements in...more

BCLP

SEC Increases Smaller Reporting Company Threshold

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The Securities and Exchange Commission amended its definition of “smaller reporting company” (an “SRC”) increasing the public float threshold (cap on portion of shares held by public investors) to $250 million, up from the...more

Baker Donelson

SEC Amends Definition of "Smaller Reporting Company"

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The Securities and Exchange Commission (SEC) has adopted amendments to its rules and forms to amend the definition of "smaller reporting company." Companies that qualify as smaller reporting companies can take advantage of...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Amends “Smaller Reporting Company” Definition

Commission action expands number of companies eligible to provide scaled disclosure. Amendments are meant to reduce compliance costs for registrants that elect to provide scaled disclosure. ...more

McGuireWoods LLP

SEC Takes Steps to Reduce Burden of Being Public on Smaller Companies

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On June 28, the Securities and Exchange Commission (SEC) acted to reduce the burden of being public on smaller companies by voting to expand its definition of “smaller reporting company” to increase the number of public...more

Akerman LLP

SEC Adopts Final Rules Amending Smaller Reporting Company Definition

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On June 28, 2018, the U.S. Securities & Exchange Commission (the Commission) adopted final rules to amend the definition of smaller reporting company. The revised definition will expand the number of registrants that will...more

Williams Mullen

SEC Expands “Smaller Reporting Company” Eligibility and Working on SOX 404(b) Relief (Chart)

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On June 28, 2018, the Securities and Exchange Commission adopted amendments to the “smaller reporting company” (SRC) definition to expand the number of companies that qualify for certain existing scaled disclosure...more

Mayer Brown Free Writings + Perspectives

Commission Unanimously Approves Amendments to SRC Definition

During this morning’s open meeting of the Securities and Exchange Commission, which is Commissioner Piwowar’s last open meeting, the Commissioners unanimously voted to adopt amendments to the definition of smaller reporting...more

Sullivan & Worcester

SEC expands "smaller reporting company" definition

Sullivan & Worcester on

The SEC today approved amendments to the "smaller reporting company" definition to expand the number of companies that qualify for certain existing scaled disclosure accommodations. The new smaller reporting company...more

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