The SEC announced that at the December 17th meeting of the Advisory Committee on Small and Emerging Companies, the group will focus on the definition of “accredited investor.” As we have written in prior posts, the Dodd-Frank Act requires that every four years the SEC consider the definition. In addition, following the relaxation of the… Continue Reading
In a recent speech delivered at a Futures Industry Association conference (see full text here: http://www.sec.gov/News/Speech/Detail/Speech/1370540289361), Commissioner Gallagher raised the possibility of a venture exchange. Commissioner Gallagher addressed broader market structure issues in his remarks; however, he devoted a substantial portion of the speech to the benefits that might be associated with a venture exchange… Continue Reading
The SEC announced the renewal of the Committee. In 2011, the Committee had been established for two-year term. The Committee will continue its work on emerging companies (those under $250m in market capitalization) and capital-raising issues. See: http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539858182.
Today, the SEC announced the agenda for the upcoming meeting of the Advisory Committee on Small and Emerging Companies. The discussion is expected to include the final rules adopted by the Commission in July to eliminate the general solicitation ban and disqualify bad actors from certain securities offerings and its proposal for further amendments to… Continue Reading
The SEC has made available the archived version of the webcast from the most recent meeting, held on May 1, 2013. The meeting included presentations from Duncan Niederauer, Chief Executive Officer of NYSE Euronext, and William Hambrecht, CEO of WR Hambrecht + Co., as well as discussions with several Commissioners. The webcast is accessible from… Continue Reading
The next meeting of the Advisory Committee will be held on May 1st, beginning at 9:30 am, and will be webcast on the SEC’s website. It is anticipated that the presentations will address various JOBS Act related matters. The SEC announced that the Committee will hear presentations from Robert Greifeld, Chief Executive Officer of NASDAQ… Continue Reading
The SEC’s Advisory Committee on Small and Emerging Companies will be holding its next meeting on May 1, 2013. The Committee’s meeting will be open to the public and also will be webcast on the SEC’s site. It is anticipated that the Committee will continue its discussions regarding various JOBS Act related measures.
The SEC has made available links to the webcasts from Friday’s meeting of the Advisory Committee on Smaller and Emerging Companies. You may access the morning session at http://www.sec.gov/news/otherwebcasts/2013/acsec020113.asx and the afternoon session at http://www.sec.gov/news/otherwebcasts/2013/acsec020113-2.asx. Chairman Walter began the meeting with a few opening remarks, which may be accessed here: http://www.sec.gov/news/speech/2013/spch020113ebw.htm. Chairman Walter invited the… Continue Reading