Tag Archives: EGC

SEC adopts JOBS Act inflation adjustments and other technical changes

by Cydney Posner

The SEC has adopted a number of inflation-related adjustments under the JOBS Act, including an adjustment to the revenue cap in the definition of “emerging growth company,” as well as adjustments to the dollar amounts in Reg Crowdfunding. A number of technical amendments were also adopted to conform various rules and forms to self-executing changes effected when the JOBS Act was signed into law.  The various amendments will become effective upon publication in the Federal Register. Continue reading

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New House bills seek to relax some SEC requirements and help reverse the growth in income inequality

by Cydney Posner

Hat tip to thecorporatecounsel.net blog for identifying these two new House bills. H.R. 5405, Promoting Job Creation and Reducing Small Business Burdens Act, is intended to relax some additional requirements for Emerging Growth Companies (EGCs), and has been passed by the House. It has some good stuff In it, like delaying (maybe even eliminating?) XBRL requirements. The other bill is H.R. 5662, CEO-Employee Pay Fairness Act, just introduced by Rep. Chris Van Hollen on Thursday.  That bill is designed to address income inequality, so you can guess how likely that is to pass in the current House.  Continue reading

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Filed under Securities