SEC Approves Major New Rule Proposals for Smaller Public Companies

Greetings blogees: This morning I listened in to the SEC’s webcast of an open hearing. As predicted, they approved a wide ranging set of rule proposals that positively affect smaller companies. The highlights: 1) Increasing the number of companies that can benefit from the scaled reporting system for smaller companies to those that have a ...

Why Listen to Me? S-4 May Work After All

So…..we have done further research following our initial view that S-4 may not be an appropriate form to register shares to be issued in a reverse merger as a primary registration and method possibly to avoid the 415 concerns on a resale under certain circumstances. Sometimes, well you just don’t need to see the sausage ...

My Day on the Hill; SEC Will Propose Big Changes on May 23

1. Mr. Feldman Goes to Washington. On Tuesday, May 15, four of us met in the House Majority Leader’s office with 7 congresspeople (and their staff) who serve on the financial services committee which is run by Barney Frank (he did not meet with us). This committee oversees the SEC. We talked about working to ...

Milestones

Dear blogees: It’s that time of year, graduations, weddings, award dinners, reunions. From whence we came… I’m lucky enough to be enjoying three amazing such things this season. First, a charity on whose board I have served for over 15 years, Youth Renewal Fund (www.youthrenewalfund.org), celebrated its 18th anniversary with an amazing dinner fundraiser at ...