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Securities Offering Reform: A Takeoff from the Aircraft Carrier by Pillsbury Winthrop Shaw Pittman LLP
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October 8, 2005
Previously published on November 30, 2004
On November 3, 2004, the Securities and Exchange Commission proposed new rules (http://www.sec.gov/rules/proposed/33-8501.pdf) that would significantly modify and advance the registration, communications and offering framework of the Securities Act of 1933. The SEC's proposals would enhance the disclosure requirements under that Act and the Securities Exchange Act of 1934 -- which have both undergone significant changes since the enactment of the Sarbanes-Oxley Act of 2002 -- and continue the SEC's long-term effort to integrate the disclosure requirements, as well as other offering processes, under both of these Acts.
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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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