The New York Attorney General proposed revisions to registration requirements in order to "streamline and enhance" supervision of the securities industry in New York.
In a new report, the SEC highlighted activities and recommendations from an August 2019 forum organized by the Office of the Advocate for Small Business Capital Formation.
SIFMA and the Security Traders Association raised concerns about legislative proposals on capital formation and corporate governance currently under consideration by the U.S. Senate Committee on Banking, Housing and Urban Affairs.
SIFMA Asset Management Group and the National Futures Association urged the CFTC to amend its proposal to simplify regulatory obligations for commodity pool operators and commodity trading advisors.
FINRA released a copy of the revised Private Placement Filer Form, including amended questions relating to information about participating members, issuers, and offerings. FINRA will begin using the updated form on May 22, 2017.
The Managed Funds Association ("MFA") submitted comments to the SEC in response to the notice of FINRA amendments to Rule 5123 ("Private Placement of Securities"). The amendments would require broker-dealers to provide additional information about an issuer to FINRA, along with a private placement...
FINRA issued an Investor Alert titled "Private Placement - Evaluate the Risks before Placing Them in Your Portfolio" to caution investors that placing money in private placement portfolios can be a risky investment that has the potential to tie up money for a long time. In the alert, FINRA explains...
FINRA updated the form that firms must use to file offering documents and information pursuant to FINRA Rule 5123 ("Private Placements of Securities") and Rule 5122 ("Private Placements of Securities Issued by Members"). The updated form includes six new questions, as well as an update to the...
MFA has submitted critical comments to the SEC regarding the amendments to FINRA Rule 5123 ("Private Placements of Securities"), which requires issuers to file a private placement memorandum or other disclosure document with FINRA in connection with certain private placements. MFA commented that...
FINRA filed a proposed rule change with the SEC relating to members' filing obligations regarding Private Placements of Securities (Rule 5123); the rule change would require members to file documents on a FINRA electronic system. See: Text of proposed rule change .
This manual provides instructions on how to use EDGAR to submit draft registration statements and amendments and file them in accordance with the requirements of the JOBS Act. View manual in full here (links externally to SEC website).
The SEC approved new FINRA Rule 5123 (text of rule included in attached FINRA notice) to require each FINRA member firm that sells an issuer's securities in a private placement, subject to certain exemptions, to file with FINRA a copy of any private placement memorandum, term sheet or other...
The SEC is adopting revisions to the Electronic Data Gathering, Analysis, and Retrieval System (EDGAR) Filer Manual and related rules to reflect updates to the EDGAR system. The revisions are primarily to support submission of Confidential Registration Statements; require Form ID authentication...
