The cost of being a public company is often burdensome, time consuming, and financially costly. As a result, some entities are more or less restricted from accessing public capital markets. Recently, the SEC has been looking at ways to make public capital markets more attractive. As part of these efforts the SEC has announced that it will allow companies to confidentially file early documents for initial public offerings, a benefit previously available only to emerging growth companies. Also, the SEC received funding to form a Small Business Advocate Office responsible for spotting issues related to accessing capital and recommending regulatory charges.
Check out the below articles for more information:
SEC to Make Confidential IPO Filing Open to All Companies
SEC May Unveil Small Biz Advocate Office This Year: Piwowar
This article was written by Andrew Podgorny, SmithAmundsen LLC. If you would like to write or submit content for the Business Law Section, please contact Kim Ferguson at firstname.lastname@example.org.