Dodd-Frank Public Companies and Securities
Nasdaq Clarifies and Amends Rules for Direct Listings
Public Companies and Securities Nasdaq has filed an immediately effective rule proposal that clarifies and amends Nasdaq rules that permit a direct listing without an IPO. A December 22,2017, Wall Street Journal article states that Nasdaq had completed about a half dozen direct listings at that time. The NYSE has previously adopted a rule change to permit a direct listing. Highlights […] Read more →
Crypto Mom Warns SEC of Over Expansive Definition of Howey in Token Offerings
Blockchain Technology, Crowdfunding, Public Companies and Securities SEC Commissioner Hester M. Peirce was awarded the nick name “Crypto Mom” by digital asset aficionados in a previous speech encouraging forward thinking by the SEC in the... Read more →
No Action Relief Prompts Clarification from SEC Chair on Mandatory Arbitration
Public Companies and Securities In a novel sequence of events, SEC Chair Jay Clayton issued a statement on February 11, 2019 expressing the Commission’s non-view on mandatory shareholder arbitration... Read more →
SEC Provides Guidance on Diversity Disclosures
Public Companies and Securities In two new Compliance and Disclosure Interpretations (Questions 116.11 and 133.13), the SEC staff provided guidance on disclosure of self-identified specific diversity... Read more →