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Tag Archives: deregistration

Legislation Would Address Deficiencies in JOBS Act

Posted in JOBS Act News

Given the haste with which the JOBS Act made its way through Congress, it is not surprising that there are some details that may have been neglected. Rep. McHenry has introduced a bill (H.R. 701), co-sponsored by Representatives Schweikert, Eshoo, Garrett, and Scott, which would direct the Securities and Exchange Commission to implement rules for… Continue Reading

Extending JOBS Act Exchange Act Registration and Deregistration Thresholds for Banks and Bank Holding Companies to Savings and Loan Holding Companies

Posted in Exchange Act Registration Thresholds

On November 28, 2012, Representatives Steve Womack (R-Ark.) and Jim Himes (D-Conn.) asked SEC Chairman Schapiro to extend to savings and loan holding companies (SLHCs) the benefits of the JOBS Act increase in the Exchange Act shareholder registration threshold from 500 to 2,000 for banks and bank holding companies.  Similarly, the JOBS Act-mandated increase in… Continue Reading