Posted on: December 17, 2012 by Steve Bills
If the Securities and Exchange Commission is slow to implement the marketing exemption of this year’s JOBS Act, it may be because regulators fear opening a vector that could be a “shill for fraudulent vehicles,” Robert B. Kaplan, a partner in the law firm Debevoise & Plimpton LLP, told sister magazine Buyouts.
Tags: Debevoise & Plimpton, JOBS Act
Posted on: October 9, 2012 by Timothy Keating
In their latest report on the long-term ills affecting the IPO markets, David Weild and his co-authors laser lock on market structure and persuasively argue in a series of Grant Thornton white papers that increasing “tick” sizes will restore capital formation, jobs and investor confidence. Tick sizes? Yes, they’re talking about tick sizes (i.e., the minimum increment in which a stock can trade) and they’re right.
Tags: IPOs, JOBS Act, Keating Capital, Timothy Keating
Posted on: September 13, 2012 by Steve Bills
America’s buyout shops aren’t exactly falling over one another to take advantage of liberalized rules for marketing their funds, fund sponsors and market watchers told sister publication Buyouts.
Tags: JOBS Act
Posted on: August 30, 2012 by Mark Boslet
Pre IPO companies are taking advantage of the JOBS Act’s invitation to file confidentially with the Securities and Exchange Commission so I took a look at a pre-public S-1 and a public S-1 to see how the documents changed.
Tags: Accel Partners, JOBS Act, LegalZoom, LifeLock, Renaissance Capital, Sequoia Capital, Trulia
Posted on: August 29, 2012 by reuters-news
U.S. securities regulators voted 4-1 on Wednesday to propose lifting a long-standing ban on general advertising for private securities offerings.
Tags: General Solicitation, JOBS Act, Securities and Exchange Commission
Posted on: August 1, 2012 by Mark Boslet
The measure, passed by Congress in March, is designed to grease the IPO onramp for small companies. Three months after it was signed into law, signs of its impact, both expected and unexpected, are visible.
Tags: Goodwin Procter, JOBS Act
Posted on: July 6, 2012 by Chris Manderson
SEC Chairman Mary Schapiro recently told Congress it was “not feasible” to meet the JOBS Act’s 90-day deadline for the implementation of changes to Securities Act Rule 506 to permit general solicitation in private placements to accredited investors.
Tags: 2000 shareholder rule, Angela Sormani, Bank Holding Company, Chris Manderson, Emerging Growth Companies, Exchange Act, General Solicitation, Globelmmune, ipo, JOBS Act, Mary Schapiro, Midstate Petroleum Company, Private Equity Exits, Private Placements, Rule 506, SEC, Secondary market trading, Section 12(g)(1), Securities Act, Securities and Exchange Commission, Splunk Inc
Posted on: May 11, 2012 by Alastair Goldfisher
Victoria Ransom from the startup Wildfire Interactive talks about the impending IPO and how she was on hand to witness Obama signing the JOBS Act.
Tags: Facebook, JOBS Act, Wildfire Interactive
Posted on: April 29, 2012 by Chris Manderson
Until SEC rule-making is complete the crowdfunding exemption under Section 4(6) is not available for offers and sales of securities. Nonetheless, equity crowdfunding offers are already easy to find on Twitter.
Tags: Chris Manderson, Crowdfunding, JOBS Act, Kingsbarns Distillery, Mary Schapiro, SEC, Section 4(6) exemption, Securities Act, Securities and Exchange Commission
Posted on: April 25, 2012 by Alastair Goldfisher
Venrock Partner Ray Rothrock assumes the chairman role of the NVCA, as the organization basks in the glow of the JOBS Act.
Tags: JOBS Act, nvca, Ray Rothrock, Venrock