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Allan Grauberd, partner in the corporate securities and mergers and acquisitions practice of MSI's New York City law firm member Moses & Singer, has recently had his article 'SEC Rules for Smaller Public Companies' published by the NewYork City Law Journal, and is being considered for publication in The CPA Journal.
Please find below an overview of the article which is of great interest to lawyers and accountants involved with smaller public companies:
During December 2007, the Securities and Exchange Commission (SEC) adopted a variety of new rules which affect smaller public companies. These rules provide for greater flexibility for capital raising and attempt to diminish the reliance of issuers on more onerous capital raising structures.
Another set of rules adopted in December 2007 eliminate the current Regulation S-B disclosure regime, move the relevant disclosure provisions into a now "two-tiered" Regulation S-K and broaden the category of issuers eligible to utilize scaled down disclosure requirements.
This article is not intended to give a detailed summary of the various rule amendments adopted by the SEC, but rather focus on the principal changes brought about by the amendments and gauge their potential impact on smaller public companies.
To read the full article please download the PDF below.
For more information
Please contact Sheryl K. Miller at Moses & Singer
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