Regulatory Alerts2016-07-01 | 2016-15674Added · Updated
Amendments to Smaller Reporting Company Definition
The Securities and Exchange Commission proposes amendments to expand the definition of smaller reporting company to promote capital formation and reduce compliance costs. The new thresholds would allow registrants with less than $250 million in public float to qualify, as well as those with zero public float and annual revenues below $100 million. These changes aim to increase the number of registrants eligible for scaled disclosure accommodations while maintaining investor protections.
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