What a month this has been for those of us involved with the Reg A+ movement going back all the way to 2010. Although dozens of Reg A+ deals, raising hundreds of millions of dollars, had closed before this month, virtually none were trading their...
Duane Morris (and my) client Myomo Inc., a medical robotics company, completed its initial public offering on June 9, 2017 under SEC Regulation A+ created under the Jumpstart Our Business Startups (JOBS) Act of 2012. The historic deal is the first Reg A+ IPO to...
On May 4, 2017, the House Financial Services Committee narrowly, by a vote of 34-26, passed the Financial CHOICE Act of 2017, which now moves to the full House. Most of the bill relates to rollbacks of Dodd-Frank provisions that are better covered by those...
Got your attention? No it's not April 1 anymore so this is serious. But actually no big deal. Last Friday the SEC adopted some rules mandated by the Jumpstart Our Business Startups (JOBS) Act of 2012. Among them: implementing the use of the term "emerging...
Believe it or not the Jumpstart Our Business Startups (JOBS) Act was signed into law on April 5, 2012. A great example of how the legislators, working with an administrative agency, can bring meaningful and substantive positive change. Enacted in the heat of a Congressional...
If you don't know what the headline means, maybe just skip this one. Otherwise read on! Last week, the SEC approved a rule change that shortens the typical settlement period for public trading through brokers (known as "T+" for "trading plus") to two business days...
A number of liberal groups filed a lawsuit today to challenge Pres. Trump's January 30 executive order that for every new regulation an agency must eliminate two old regulations. The lawsuit says it requires agencies to be "arbitrary," which they would not be allowed to...
Update 1/24/2017- if you missed the webcast, the archived version can be found here. It's about an hour and a great intro/overview of Reg A+. I'm thrilled to be moderating a top-notch panel today in a webcast called "Bringing Back the Small Cap IPO: 2017 Reg...
I was honored Thursday to speak on a panel at the SEC's annual small business capital formation forum. I also co-moderated a breakout session developing recommendations to improve regulation of smaller reporting companies. My talk on the panel provided an update on Regulation A+ and...
I know too many people battling lyme disease. It is a misunderstood and wrongly made fun of illness. It generally comes from bad tick bites. If you treat it quickly with antibiotics it goes away. If you don't you can face a lifetime of challenges....