Posts from Jill Radloff
NYSE Adjusts Listing Qualifications to Accommodate JOBS Act
Public Companies and Securities, Uncategorized The ripple effect of the JOBS Act is beginning to show as the NYSE has proposed to adjust its listing qualification standards to reflect that emerging growth companies, or ECGs, under the JOBS Act only need to present two years of audited financial statements. In its rule filings the NYSE notes that its initial listing [...] Read more →
Comments Begin on JOBS Act
Broker-Dealer, Investment Advisers, Private Equity, Public Companies and Securities, Uncategorized High profile groups have begun to submit comments on the JOBS Act to try and steer rulemaking in the correct direction. The Federal Regulation of Securities Committee, Business... Read more →
Annual Report of SEC Office of Minority and Women Inclusion
Uncategorized The Office of Minority and Women Inclusion, or OMWI, of the U.S. Securities and Exchange Commission has submitted its first report pursuant to Section 342(e) of the Dodd-Frank... Read more →
CFPB Considers Reg Z Changes Regarding Limits on Fees Before Account Opening
Consumer Protection The Bureau of Consumer Financial Protection, or CFPB, is proposing to amend Regulation Z, which implements the Truth In Lending Act, and the official interpretation to the... Read more →
SEC Appoints Investor Advisory Committee
Investment Advisers, Private Equity, Public Companies and Securities, Uncategorized The SEC has announced the formation of a new Investor Advisory Committee required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. The 21-member committee... Read more →
Issuer Requirements for Crowdfunding Under the JOBS Act
Broker-Dealer, Public Companies and Securities, Uncategorized The JOBS Act takes the unprecedented step of permitting crowdfunding. The statute permits, subject to SEC rulemaking, the ability to offer and sell securities to numerous people... Read more →
SEC Commissioner Urges Use of Exemptive Authority for Fund Managers
Investment Advisers, Private Equity SEC Commissioner Daniel M. Gallagher urged the use of exemptive authority by the SEC for certain fund managers in a speech given before the Investment Adviser Association’s... Read more →
SEC Issues Small Entity Compliance Guide on “Accredited Investor” Standard
Broker-Dealer, Private Equity, Public Companies and Securities, Uncategorized The SEC has issued a Small Entity Compliance Guide on the new “accredited investor” standard. Section 413(a) of the Dodd-Frank Act requires that the value of a... Read more →
SEC Adopts Final Rules on Advisory Performance Fees
Investment Advisers, Private Equity The SEC has adopted a final rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees, by excluding the value of the... Read more →
OIG’s Follow-Up Review of Cost-Benefit Analyses in Selected SEC Dodd-Frank Act Rulemakings
Public Companies and Securities, Uncategorized In June 2011, the SEC Office of Inspector General released a Phase I report on the results of its initial assessment of the cost-benefit analyses conducted for six rulemakings.... Read more →