On September 25, 2019, the Securities and Exchange Commission will hold an open meeting to consider a number of topics. The first item on the meeting agenda relates to consideration of whether to propose amendments to Rule...more
9/24/2019
/ Exchange-Traded Products ,
Market Participants ,
Offerings ,
Proposed Amendments ,
Public Meetings ,
Regulatory Agenda ,
Secondary Markets ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Small Cap Stocks ,
Stock Exchange ,
Testing-the-Waters Communications
At the Economic Club of New York, in keynote remarks, Chair Clayton reviewed the Securities and Exchange Commission’s recent initiatives. He highlighted the Commission’s adoption of Regulation Best Interest (Reg BI). ...more
9/11/2019
/ Capital Markets ,
Fiduciary Duty ,
Financial Markets ,
Investment ,
Libor ,
Public Offerings ,
Regulation Best Interest ,
Regulatory Agenda ,
Regulatory Oversight ,
Regulatory Standards ,
Rule 506(c) ,
Securities and Exchange Commission (SEC) ,
UK Brexit
On September 5, 2019, the Investor Advisory Committee will hold an open meeting (telephonic) in order to consider and address recommendations regarding the proxy process. On September 19, the Committee will hold an in-person...more
On May 9, 2019, the US Securities and Exchange Commission (SEC) proposed revisions to the accelerated filer and large accelerated filer definitions in 17 CFR 12b-2 (Rule 12b-2). These proposed changes would reduce the number...more
Recently, FINRA refiled with the SEC proposed rule changes to its Corporate Financing Rule, which is Rule 5110. We had previously posted regarding FINRA’s proposed amendments, which were withdrawn. ...more
Late last week, the Securities and Exchange Commission (SEC) proposed rule amendments that are intended to modernize the offering related provisions of the Securities Act of 1933 (the Securities Act) and the communications...more
3/29/2019
/ BDC ,
Business Development Companies ,
Close-Ended Funds ,
Corporate Communications ,
Offerings ,
Regulatory Agenda ,
Regulatory Oversight ,
Rulemaking Process ,
Safe Harbors ,
Securities and Exchange Commission (SEC) ,
WKSIs
The Securities and Exchange Commission proposed rule amendments that are intended to modernize the offering related provisions of the Securities Act and the communications safe harbors available to business development...more
3/22/2019
/ BDC ,
Business Development Companies ,
Close-Ended Funds ,
Proposed Amendments ,
Regulatory Agenda ,
Rulemaking Process ,
Safe Harbors ,
Securities Act ,
Securities and Exchange Commission (SEC) ,
Small Business Credit Availability Act (SBCAA) ,
WKSIs
In her first speech as the SEC’s Advocate for Small Business Capital Formation, Martha Miller provided an overview of the Office’s mission, as well as the Office’s priorities. Miller noted the importance of the small...more
Earlier this week, Commissioner Peirce addressed a number of topics with the Council of Institutional Investors. ...more
Last week, the US Senate Banking Committee held a hearing on legislation introduced in the prior session of Congress relating to capital formation in order to assess whether any would garner bipartisan support....more
As we previously posted, the Securities and Exchange Commission had announced that at today's open meeting the Commission would, among other things, consider a request for comment regarding earnings releases and the frequency...more
The Securities and Exchange Commission announced that it will hold an open meeting on December 19, 2018. Among other things, the Commission will consider a rule requiring disclosure of hedging arrangements entered into by a...more
SEC Chair Clayton testified on December 11, 2018 before the U.S. Senate Committee on Banking, Housing and Urban Affairs. In his testimony, Chair Clayton reviewed the Commission’s Strategic Plan and outlined the agency’s...more
In a speech last week, Securities and Exchange Commission Chair Jay Clayton provided an overview of the Commission’s significant accomplishments in 2018....more