As expected, in one of his final acts in office a few weeks ago, Pres. Obama signed the SEC Small Business Advocate Act of 2016 into law. This bill had pretty wide bipartisan support in Congress. Like most good ideas, it's pretty simple. It sets...
First, happy new year to my faithful blogees! As President-elect Trump has been organizing his proposed Cabinet, we haven't heard much yet about appointments to administrative agencies such as the Securities and Exchange Commission. Trump gets to appoint three open SEC commissioner spots out of five....
Following up on positive statements by senior SEC staffers at the recent PLI Securities Law seminar and the SEC small business forum in November, the Commission also recently issued a white paper on how things are going under updated Regulation A, now known as Regulation...
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...
As the fallout from the election of President-elect Donald Trump continues, Obama-appointed SEC Chair Mary Jo White announced yesterday that she will leave the SEC when Obama leaves office, though her term doesn't end until 2019. Chair White is an independent and while she has...
A little known and little used part of Regulation D under the Securities Act is about to get some new attention. In what appears to be a gift to the states after somewhat eviscerating their power with the Regulation A+ changes, the SEC, on October...
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....
We'll be back at the SEC again in a few weeks for their annual Government-Business Forum on Small Business Capital Formation (ye olde GBFSBCF). There we listen to panels in the morning, and have breakout sessions in the afternoon where recommendations are developed and presented....
In the United States, folks in regulated industries such as telecommunications, pharmaceuticals, public companies, energy companies and the like face a risk every day. That is the risk that the regulator will decide to look into whether they might have done something wrong. It might...
Two weeks ago, as many were enjoying their summer vacation, the Securities and Exchange Commission exacted a $340,000 penalty from a company called Health Net Inc. Why? Because in firing employees and asking them to sign termination agreements, in order for the departing employee to...