A somewhat underreported section of the Jumpstart Our Business Startups (JOBS) Act relates to what many are now calling Regulation A+ (I acknowledge coining the name at an SEC small business conference). The idea is to enhance the attractiveness of SEC Regulation A. Currently, Regulation A...
Each year following the annual SEC forum on small business capital formation, a list of attendee recommendations is published. The recommendations are ranked by the attendees following the event, and the SEC puts them out in order of priority. Congress mandated that the SEC hold this...
New SEC Chairman Mary Jo White announced a rare thing, two co-heads of the Enforcement Division of the SEC. These are the guys that go after alleged bad guys through civil lawsuits. As we know, any criminal securities cases are brought by the US Justice...
The Securities and Exchange Commission's advisory committee on small and emerging companies is holding its next open meeting this Wednesday, May 1, 2013. Speakers include the CEO of Nasdaq, the CEO of WR Hambrecht & Co and the CEO and the NYSE Euronext. An august...
I remain determined in my quest for the major stock exchanges to consider some alterations to the reverse merger “seasoning” requirements instituted in November 2011. As we know, these restrictions were added primarily in response to allegations of fraud in a number of Chinese companies...
Of course we are all happy that the stock market has been hitting new highs these past weeks. It has been a long road back from 2009 when the market had less than half its current value. The M&A market is awake, lots of large...
According to the DealFlow Report, the first quarter of 2013 has remained weak in financings for smaller public companies. IPOs, venture deals PIPEs and reverse mergers all declined. Follow-on public offerings, however, did go up. Liquidity is the word of the day as investors would...