Before we get back to my commentary on the new seasoning
requirements for major exchanges, I've just confirmed something that was in the
"devil in the details" category.
The new requirement says the seasoning period must
The trailer for the great sequel Jaws 2 (1978)
included the fearful tag, "Just when you thought it was safe to go back in
There were many times in the last 20 years that those of
us in reverse merger land thought it was safe...
On November 8 th , the US Securities and
Exchange Commission approved rule changes requested by the three major US stock
exchanges, Nasdaq, the NYSE Amex and the New York Stock Exchange. In sum, companies
completing reverse mergers with SEC-reporting...
The Reverse Merger Wire reports that Public
Company Accounting Oversight Board (PCAOB) Chair James Doty is growing a
little impatient with Chinese securities regulators over the issue of
inspections of Chinese accounting firms that are auditing US...
a case for modernizing Rule 419 under the Securities Act of 1933
First I will outline the rule briefly, then talk about
what happened after the rule was passed, then discuss why modernizing the rule
makes sense given both market and regulatory...
I often tell my clients, if you can benefit from being
public, and can bear the risks of doing so, you should seriously consider it,
regardless of your stage of development. However, in any well formulated
decision, it is important to review the pros...
Reform of SEC Regulation A has taken a big step
forward in the US Congress. As regular readers know, the House Financial
Services Committee approved a bill to increase the amount which can be raised
in the "mini public offerings" permitted...