Securities and Exchange Commission (SEC), Capital Markets, Qualified Institutional Buyers

The Latham Global IPO Guide - 2025 Edition

Latham & Watkins LLP on 3/27/2025

This is our global initial public offering guide. It will help you navigate the US portion of a global IPO – in other words, an IPO in which you sell locally listed ordinary shares to investors outside the United States under...more

SEC Small Entity Compliance Guide on Testing the Waters

Mayer Brown Free Writings + Perspectives on 12/12/2019

The SEC’s amendment to the test-the-waters provisions, extending the ability to test-the-waters to issuers that are not emerging growth companies (“EGCs”), is now effective. The guide summarizes the provisions of new Rule...more

SEC Expands "Test-the-Waters" Communications For All Companies

Orrick, Herrington & Sutcliffe LLP on 10/4/2019

On September 26, 2019, the Securities and Exchange Commission (SEC) adopted Rule 163B permitting all companies to use test-the-waters (TTW) communications. This change will enable all companies to take advantage of practices...more

SEC Adopts Final Rule on “Test-the-Waters” Communications

Proskauer Rose LLP on 10/3/2019

On September 25, 2019, the Securities and Exchange Commission (the "SEC") adopted Rule 163B under the Securities Act of 1933, as amended (the "Securities Act"), which permits all issuers, including business development...more

SEC Extends "Test the Waters" to All Issuers

Wilson Sonsini Goodrich & Rosati on 10/2/2019

On September 26, 2019, the U.S. Securities and Exchange Commission (SEC) announced that it had voted to adopt new Rule 163B, extending the "test the waters" accommodations previously available only to emerging growth...more

An In-Depth Look at SEC's Proposed 'Test-the-Waters' Expansion

Ballard Spahr LLP on 3/4/2019

The Securities and Exchange Commission (SEC) recently voted to propose new Rule 163B under the Securities Act of 1933, as amended (the Securities Act), and amendments to Rule 405 (collectively, the Proposed Rule) promulgated...more

Treasury Issues Plan to Streamline Capital Markets Regulation

Stinson - Corporate & Securities Law Blog on 10/9/2017

Pursuant to Executive Order 13772, the Treasury Department has issued a report that identifies laws, treaties, regulations, guidance, reporting and record keeping requirements, and other government policies that promote or...more

Securities and Exchange Commission (SEC) › Capital Markets › Qualified Institutional Buyers