Website Heading

CALIFORNIA CORPORATE & SECURITIES LAW

Two Words That The SEC Read Into The JOBS Act

“It is, of course, an indispensable part of a scrivener’s business to verify the accuracy of his copy, word by word.“ The Securities and Exchange Commission publishes a number of “frequently asked questions” on its website.  Following the enactment of the Jumpstart Our Business Startups Act (aka the “JOBS Act”), the SEC published the following…

Share on:

Section 12(g)(1)(A) – How The SEC Is Putting Words In Congress’ Mouth

Section 501 of the Jumpstart Our Business Startups (JOBS) Act amended Section 12(g)(1) of the Securities Exchange Act of 1934 to increase the thresholds for mandatory registration of a class of equity securities.  The Securities and Exchange Commission describes the amendment as follows: The holders of record threshold for triggering Section 12(g) registration for issuers…

Share on: