The SEC voted today to adopt final rules to implement Section 1504 of the Dodd-Frank Act relating to resource extraction issuers. The rules provide that a U.S. or foreign company that (1)...
The SEC staff has issued frequently asked questions on the JOBS Act. Below are new FAQs most likely to be of interest to capital markets participants. We will continue to provide JOBS Act...
On April 5, 2012, the President signed into law the Jumpstart Our Business Startups Act (the “JOBS Act”), the most significant Congressional relaxation in memory of restrictions surro...
Today President Obama signed into law the Jumpstart Our Business Startups Act (the “JOBS Act”). The JOBS Act includes provisions that ease the IPO process and subsequent public report...
On March 26, 2012, in Credit Suisse Securities (USA) LLC v. Simmonds, the U.S. Supreme Court held 8 0 that not filing a Section 16(a) disclosure statement does not toll (i.e., suspend) th...
By a vote of 380 to 41, the House of Representatives today passed the Jumpstart Our Business Startups (“JOBS”) Act, without further amendment. The JOBS Act will now be sent to Preside...
On March 22, 2012, the Senate passed the Jumpstart Our Business Startups Act (the “JOBS Act”), in substantially the same form passed by the House of Representatives on March 8, 2012, ...
Today, the U.S. Senate passed the House version of the Jumpstart Our Business Startups (“JOBS”) Act with amendments only to place further limitations on the “crowdfunding” exempti...
A number of recent studies have noted a substantial decrease in IPOs by smaller companies and a perceived lack of hospitality to smaller companies in the public markets. Commentators have...
The SEC staff has traditionally allowed non-U.S. issuers to file IPO or other first-time registration statements on a “draft” non-public basis, enabling them to avoid the scrutiny ass...
