Exemptions, Comment Period, Securities Regulation

OSC Proposes Restrictions on Short Selling in Connection with Offerings

Stikeman Elliott LLP on 6/23/2025

The Ontario Securities Commission (“OSC”) published for comment proposed amendments to OSC Rule 48-501 Trading during Distributions, Formal Bids and Share Exchange Transactions and proposed changes to the related companion...more

SEC Open Meeting on Exempt Offering Framework

Mayer Brown Free Writings + Perspectives on 10/28/2020

The Securities and Exchange Commission has announced an open meeting on November 2, 2020 to consider amendments relating to the exempt offering framework. The SEC had released proposed amendments for public comment in March...more

Divided SEC Votes To Propose “Finder” Exemption From Broker Registration

Goodwin on 10/12/2020

On October 7, 2020, the U.S. Securities and Exchange Commission (“SEC”) voted 3-2 to propose a conditional exemption (“Exemption”) to permit natural persons to engage in limited securities activities as “finders” on behalf of...more

SEC Proposes Much Needed Finder Exemption, and Paul Anka Must Be Singing

Farrell Fritz, P.C. on 10/12/2020

Finders play a vital role in introducing startups to potential investors. Yet the general requirement that persons soliciting investors must register with the Securities and Exchange Commission as broker-dealers and be...more

SEC Proposes Rule Changes to Exempt Offering Framework

Mayer Brown Free Writings + Perspectives on 3/6/2020

On March 4, 2020, the Securities and Exchange Commission (“SEC”) proposed amendments to the current framework of registration exemptions and safe harbors. ...more

SEC Proposes New Guidance on Role of Municipal Advisers in Private Placements

Orrick, Herrington & Sutcliffe LLP on 10/29/2019

In response to the proliferation of direct placements of municipal securities with financial institutions over the past decade, the Securities and Exchange Commission (SEC) has proposed a regulatory change to clarify the role...more