What the newly adopted SEC “test-the-waters” ruling means for investors

//What the newly adopted SEC “test-the-waters” ruling means for investors

What the newly adopted SEC “test-the-waters” ruling means for investors

According to a Sept. 26, 2019 press release, the Securities and Exchange Commission (SEC) recently voted to adopt a new rule, which allows all issuers to engage in “test-the-waters” communications with potential investors. According to the SEC, the rule was adopted in order to encourage more issuers to enter public equity markets. In the past, companies were required to file registration statements on all securities issuances, which had to be reviewed by the SEC and made effective before they…

Article by [author-name] (c) Banking & Financial News - Banking & Financial News Headlines | Bizjournals.com - Read full story here.

By | 2019-12-01T06:00:00+00:00 December 1st, 2019|Economics|

About the Author: