Dodd-Frank Public Companies and Securities
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 →
JOBS Act and Other SEC and Dodd-Frank Developments
Public Companies and Securities Jill Radloff and I recently gave a presentation at a CLE session in Minneapolis, Minnesota on the JOBS Act and Other SEC and Dodd-Frank developments. We covered: The repeal of... 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 →
JOBS Act Rulemaking
Public Companies and Securities We, like others, are anxiously awaiting the JOBS Act rule making which will permit general solicitation in Rule 506 offerings. We believe however, there may be some bumps in... Read more →
Takeover Defense in Minnesota
Public Companies and Securities I was a guest speaker for a Corporations class at Hamline School of Law in St. Paul, Minnesota. I addressed takeover defense in Minnesota and my presentation covered: the... Read more →
Issuer Changes Course on Say-on-Pay Frequency
Executive Compensation, Public Companies and Securities Last year, Invesco Mortgage Capital’s shareholders indicated a preference for an annual say-on-pay vote. Nonetheless, the board adopted a triennial frequency policy. ... Read more →
SEC’s Internal Controls Still Deficient
Public Companies and Securities In GAO’s audit of the SEC’s fiscal years 2011 and 2010 financial statements, GAO identified four significant deficiencies in internal control as of September 30, 2011. These... Read more →
SEC Issues FAQs on Exchange Act Registration Under JOBS Act
Executive Compensation, Public Companies and Securities The SEC has issued a series of frequently asked questions on Exchange Act registration under the JOBS Act. Anyone who registered under the Exchange Act before they were required... 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 →
SEC Issues Report on Regulation D Offerings
Public Companies and Securities The SEC staff has issued a report entitled “Capital Raising in the U.S.: the Significance of Unregistered Offerings Using the Regulation D Exemption.” The report is dated... Read more →