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SEC Proposes Significant Revisions to Communications, Registration and Offering Procedures for Securities Offerings


by Duane Morris LLP View Firm Credentials
Philadelphia Office

November 16, 2005

Previously published on December 21, 2004

The Securities and Exchange Commission (SEC) has proposed significant changes to its rules regarding offerings of securities registered under the Securities Act of 1933 (Securities Act). The proposals are intended to modernize the SEC's rules, including, in particular, to permit issuers greater flexibility in communicating with investors. In addition, the SEC has proposed certain changes to the disclosure requirements for filings under the Securities Exchange Act of 1934 (Exchange Act), intended to further integrate the requirements under the Securities Act and under the Exchange Act. Comments on the proposed rules are due on or before January 31, 2005.


 

The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.




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