Proposed SEC amendments to the procedural requirements and resubmission thresholds of the shareholder proposal rule were published in the Federal Register.
News & Insights
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.
An SEC proposal to amend the Securities Act exemptive framework was published in the Federal Register.
The SEC requested comments on a proposal to amend proxy requirements to require the use of universal proxy cards for intrastate offerings and adopt changes concerning exemptions to facilitate intrastate and regional securities offerings.
The SEC requested comments on a proposal to shorten the standard settlement cycle for most securities transactions from three to two business days. The request for comments was published in the Federal Register.