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Sarah Hewitt Examined “Emerging Issues in the SEC: Proposed Amendments to the Exchange Act Rules”

On July 21, 2015 by Schnader

Sarah Hewitt, chair of the firm’s Corporate and Finance Practice Group, took part of a webcast on “Emerging Issues in the SEC: Proposed Amendments to the Exchange Act Rules” on Tuesday, July 21, 2015.

Since December 2014, the Securities and Exchange Commission (SEC) has proposed several rules under the Securities Exchange Act of 1934 including a proposed rule requiring registrants to disclose the relationship between executive compensation and the financial performance of the registrant as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd Frank), a proposed rule requiring registrants to disclose transactions that hedge or offset any decrease in the market value of the registrant’s equity securities by employees or directors as required by Dodd Frank, and a proposed rule that would reflect higher thresholds for registration, termination of registration and suspension of reporting by registrants under Exchange Act Section 12(g) that were set forth in the Jumpstart Our Business Startups Act (JOBS Act), amend the definition of “held of record”  and apply the definition of accredited investor in Securities Act Rule 501(a) to determinations of which record holders are accredited investors under Exchange Act Section 12(g). In addition, in March 2015, the SEC adopted final rules which became effective June 19 introducing Regulation A+ mandated by the JOBS Act intended to be a cost-effective option for small and medium-sized companies seeking to raise capital. 

In this CLE course a panel of experienced thought leaders will provide the audience with an overview and discussion of the critical elements of the SEC’s various amendments to the Exchange Act Rules and their potential effects on public companies, private companies seeking capital and finance institutions. Speakers also shared best practices and what companies should be doing now to prepare for these rule changes. Key topics included:

  • Details of these Amendments to the Exchange Act Rules
  • Up-to-the-minute regulatory developments
  • Potential adoption and implementation issues
  • Best compliance practices

The webcast is part of The Knowledge Group’s series focusing on the 2015 perspective.