• The SEC Adopts Securities Offering Reform
  • August 19, 2005 | Authors: Cynthia M. Krus; Christopher M. Zochowski
  • Law Firm: Sutherland Asbill & Brennan LLP - Washington Office
  • The Securities and Exchange Commission (the "SEC") today adopted final rules relating to the most sweeping liberalization and modernization of the registered offering process under the Securities Act of 1933, as amended (the "Securities Act") in several decades. The SEC indicated that the final rules were adopted in substantially the form proposed in November 2004, although the actual text of the rules, including changes and modifications from the proposed rules, will not be available until early to mid-July.