Growth Capitalist (https://growthcapitalist.com/tag/regulation/page/12/)
A group of nine Senate Democrats have joined 20 of their colleagues in the House to formally protest the SEC’s rule proposal to reform Regulation A, as mandated by Title IV of the JOBS Act, which would define investor eligibility so broadly as to render all offerings exempt from state-level review.
With no announcement and little notice, the Depository Trust Corporation in mid-August filed a Notice of Withdrawal with the SEC to withdraw its December 2013 proposal to adopt rules instituting notice and appeal procedures for issuers whose shares are “chilled” or “locked out” by the securities settlement and clearing agency.
The Securities and Exchange Commission’s 12-month pilot program to increase the increment at which the shares of emerging growth companies trade has been announced, yet many questions remain as to the specific parameters and goals of the study.
SEC’s Division of Corporation Finance issued new compliance and disclosure interpretations (C&DIs) on July 3 that addressed questions about how to calculate the net worth for a natural persons when they have jointly-held assets under Rule 501
