Growth Capitalist (https://growthcapitalist.com/tag/regulation/page/8/)
William Galvin, the Secretary of State for Massachusetts, has brought suit in the D.C. Court of Appeals to try to stop the Securities and Exchange Commission from implementing the Regulation A+ offering rules the agency approved in April and commencing the review of offering statements.
The Securities and Exchange Commission voted unanimously on May 6 to implement another component of the Jumpstart Our Business Startups (JOBS) Act by approving final rules of the tick size pilot program, including expanding the program’s term from one to two years.
Early this year, the Securities Exchange Commission (SEC) resolved an enforcement action against the former CFOs of a Silicon Valley tech firm, requiring them to pay back about $500,000 in bonuses and stock sale profits.
The first meeting this year of the Securities and Exchange Commission’s Advisory Committee on Small and Emerging Companies in early March delved into issues that have been percolating below the surface since the passage of the Dodd-Frank and JOBS acts.
