Tag: FAST Act

SEC adopts rules to implement two provisions of the FAST Act

by Cydney Posner The SEC has approved interim final rules  implementing two provisions of the Fixing America’s Surface Transportation (FAST) Act.  As you may recall, the FAST Act was signed into law in early December and contained several measures that modified the JOBS Act or otherwise related to capital raising for […]

Corp Fin posts two FAST Act CDIs

by Cydney Posner The SEC has posted two new CDIs interpreting provisions of the FAST Act.  Both relate to Section 71003, which allows EGCs to omit from their registration statements certain historical financial statements.  (See this PubCo post.)

Corp Fin “announcement” provides some guidance on changes resulting from the FAST Act (repaired)

by Cydney Posner On December 10, 2015, Corp Fin issued an announcement  highlighting changes in the securities laws resulting from the FAST Act.  As previously discussed in this PubCo post, this transportation bill contains several measures that modify the JOBS Act or otherwise relate to capital raising for emerging growth companies, disclosure modernization, the […]

President signs FAST Act (updated December 10, 2015)

by Cydney Posner The President has signed the FAST Act into law.  As previously discussed, this transportation bill contains several measures that modify the JOBS Act or otherwise relate to capital raising for emerging growth companies, disclosure modernization, the development of secondary markets and the registration process for smaller companies.  On […]

Senate passes FAST Act

by Cydney Posner The Hill is reporting that the “Senate approved a five-year, $305 billion highway bill [the FAST Act] Thursday, sending it to President Obama with just one day to spare before the scheduled expiration of the nation’s road and transit spending.  The measure passed by a 83-16 tally, […]

FAST Act passes House

by Cydney Posner Reuters reports: “In a show of Congressional bipartisanship, the House of Representatives voted 359 to 65 to send the $305 billion legislation [the FAST Act] to the Senate. It is widely expected to be approved and forwarded to the White House for President Barack Obama’s signature before […]

Provisions to modify the JOBS Act and otherwise benefit smaller companies survive conference and will soon be up for vote

by Cydney Posner As discussed in this PubCo post, HR 22, now called the “FAST Act” – it was the “DRIVE Act” and before that the “Hire More Heroes Act” – is not just about transportation and highways (as important as that may be).  Buried in the bill are several […]