On June 27, the Securities and Exchange Commission proposed amendments to the definition of “smaller reporting company,” which would increase certain financial thresholds in such definition. Smaller reporting companies are permitted to, among other things, provide scaled disclosures under the SEC’s Regulation S-K and Regulation S-X.
Continue Reading SEC Proposes Amendments to Definition of ‘Smaller Reporting Company’

The Securities and Exchange Commission announced that its Advisory Committee on Small and Emerging Companies (Committee) will hold a public meeting on February 17 to vote on recommendations to the SEC regarding the definition of “accredited investor.” At the Committee’s prior meeting on December 17, 2014, the Committee discussed potential changes to such definition, including