By: Reuters
Nov 06, 2019
Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures – including trimming rules – that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics and advocacy groups.
Here are highlights of some of the changes which the SEC hopes will encourage more companies to go public.
CONFIDENTIAL IPOS
In July 2017, the SEC allowed companies of all sizes to confidentially file with the agency for initial public offerings. The move effectively extended a provision created by the 2012 Jumpstart Our Business Startups, or JOBS Act that had allowed companies of $1 billion in revenues or less to file in private.