The Securities and Exchange Commission just approved an important set of proposals that will dramatically impact smaller public companies. The preliminary consensus from industry experts is that if these proposals are passed, they would provide a more favorable regulatory environment for public companies and professionals involved in the capital formation process. Purchase this webinar archive to get timely and important information on how the SEC's Open Meeting discussion might affect everything from PIPEs and reverse mergers to Sarbanes-Oxley compliance.

As part of this special webinar, we will be covering the following topics and proposals from the SEC's Open Meeting:

• Reducing the Rule 144 holding period from one year to six months, eliminating the filing of Form 144 for non-affiliates, and allowing affiliates to file Form 4 in lieu of Form 144
• Increasing the number of companies that can benefit from the scaled reporting system for those with a public float below $75 million
• Eliminating "SB" Forms and reverting to the "S-K" system of filings, but retaining the reporting and disclosure benefits for smaller companies
• Allowing the use of Form S-3 for all reporting companies to issue up to 20% of the company's public float annually
• Allowing limited advertising in private offerings for "qualified purchasers" - a new category of investor defined by having $2.5 million in investments or $400,000 in income ($600,000 when combined with spouse)
• Adjusting the current Regulation D threshold for "accredited investors" and providing for electronic filing of Form D

David Feldman
Feldman Weinstein & Smith

Nimish Patel
Richardson Patel

Steven Siesser
Lowenstein Sandler

Click here to purchase archive access, or call (516) 876-8006.