Rapidly moving legislation dubbed the Jumpstart Our Business Startups Act (JOBS Act) was passed today by the U.S. Senate, which fundamentally alters the securities laws. The business world is buzzing about the pros and cons of this Act. The Act is designed to invigorate the IPO market by removing restrictions on capital raising that many… Continue Reading
Monthly Archives: March 2012
Are more disclosure requirements for public companies in the works?
Posted in Disclosure GuidanceRecent comments from SEC commissioner Luis Aguilar indicate that the SEC may consider new rules that would require public companies to disclose political expenditures. In his recent speech from February 24, 2012, Commissioner Aguilar informally called on the SEC to adopt political spending disclosure rules in light of the landmark U.S. Supreme Court Case, Citizens… Continue Reading