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                  • November 13, 2019

                    SEC Chair Jay Clayton Challenges Advisory Committee to Improve Private Offering Regulation

                    SEC Chair Jay Clayton urged the Small Business Capital Formation Advisory Committee to consider ways to facilitate opportunities for "Main Street" investors and to support small businesses through private placements.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • November 13, 2019

                    SEC Commissioner Allison Herren Lee Recommends Improvements to ESG Disclosures

                    At an Investor Advisory Committee meeting, SEC Commissioner Allison Herren Lee recommended improving disclosures on environmental, social and governance data.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • October 18, 2019

                    U.S. House of Representatives Passes Bill Concerning Disclosure Testing under Reg BI

                    U.S. House of Representatives passed a bill requiring certain disclosure testing under the SEC's proposed Regulation Best Interest.
                  • September 25, 2019

                    ICI and MFA Respond to SEC Concept Release on Securities Act Registration Exemptions

                    The Investment Company Institute and the Managed Funds Association responded to an SEC concept release on Securities Act registration exemptions that facilitate capital raising.
                  • September 16, 2019

                    SEC Chair Jay Clayton Promotes an "Entrepreneurial Ecosystem" for Small Business Development

                    SEC Chair Jay Clayton highlighted the agency's commitment to ensuring that the public securities markets work in a fair, orderly and efficient manner and to fostering small business capital formation.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • September 12, 2019

                    Financial Services Subcommittee Examines Private Market Exemptions

                    The House Financial Services Subcommittee on Investor Protection, Entrepreneurship and Capital Markets examined several proposed bills concerning the current exempt offering framework in private securities markets.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • September 11, 2019

                    Newly Elected NASAA President Outlines Priorities

                    North American Securities Administrators Association President Christopher Gerold will focus on compliance enforcement, private placement and Regulation Best Interest during his term.
                  • September 04, 2019

                    SEC Designates Taiwan Stock Exchange as "Designated Offshore Securities Market"

                    The SEC Division of Corporation Finance designated a Taiwan stock exchange as a "designated offshore securities market" under Securities Act rules and regulations.
                  • August 16, 2019

                    Regulators Emphasize Importance of Capital Investment

                    SEC Commissioner Hester Peirce and SEC Advocate for Small Business Capital Formation Martha Miller emphasized the importance of a regulatory framework that facilitates capital investment in regional economies.
                    Steven.Lofchie@cwt.com's picture
                    Commentary by Steven Lofchie
                  • August 16, 2019

                    SEC Advocate Describes Mission of New Office for Small Business Capital Formation

                    SEC Advocate for Small Business Capital Formation Martha Miller emphasized the importance of access to capital for entrepreneurs.
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