The U.S. House of Representatives passed the Expanding Access to Capital Act of 2023 in a party line vote. The bill is intended to build on the JOBS Act of 2012 by reducing the regulatory burdens on certain capital raising transactions.
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Six "insiders" of public companies settled charges with the SEC for failing to file reports on their securities holdings and transactions in a timely manner. Five public companies were also charged for contributing to the violations.
A comment deadline of November 21, 2023 was published in the Federal Register for proposed amendments to the EDGAR system, which would require each electronic filer to authorize an account administrator to manage their account.
The SEC proposed amendments to the SEC EDGAR system, which would require each electronic filer to authorize an account administrator to manage their account.
The SEC set an effective date of August 21, 2023, for amendments that will remove references to credit ratings from existing exceptions to rules on market manipulation. The effective date was published in the Federal Register.