In remarks at the "Going Public in the 2020s" Conference, SEC Commissioner Mark T. Uyeda decried the decline in the number of companies going public and made several recommendations for reversing the trend, particularly for smaller companies, which he said would benefit Main Street investors.
News & Insights
An SEC final rule amending the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities was published in the Federal Register.
The SEC adopted amendments to the definitions of "accredited investor" and "qualified institutional buyer" under regulations on private placement exemptions and private resales of securities to institutions. The amendments are intended to increase accessibility to private capital markets.
The SEC proposal to amend the definitions of "accredited investor" in Rule 501(a) of Regulation D and "qualified institutional buyer" under Rule 144A to increase accessibility to private capital markets was published in the Federal Register.
In a 3 to 2 vote, SEC approved a proposal amending the definitions of "accredited investor" and "qualified institutional buyer" to increase accessibility to private capital markets.