On May 3, 2017, the SEC released its proposed amendments to the Investment Advisers Act (the Advisers Act) to reflect changes made under the Fixing America’s Surface Transportation Act (the FAST Act). The FAST Act, which was passed in 2015, amended sections 203(l) and 203(m) of… Read More
The Securities and Exchange Commission proposed rules today to streamline and simplify certain disclosure requirements to “eliminate redundant, overlapping, outdated, or superseded provisions.” SEC Chair Mary Jo White commented on the proposal; “The proposed amendments address outdated and redundant disclosure requirements while continuing to require… Read More
The Securities and Exchange Commission (SEC) has adopted amendments to implement the JOBS Act and FAST Act Changes for Exchange Act Registration requirements. These amendments udpate rules regarding thresholds of registration and suspension of reporting under Section 12(g) of the 34 Act. These updates implement provisions… Read More
The Securities and Exchange Commission (SEC) has adopted “interim final rules” as mandated by the Fixing America’s Surface Transportation or FAST Act that was passed by Congress in December. These new rules revise financial reporting for emerging growth companies (EGCs) and smaller reporting companies. EGCs… Read More
The so-called FAST Act or “Fixing America’s Surface Transportation Act” was shuffled off to be signed by President Obama after the Senate approved the massive bill. It was a piece of legislation that saw the likes of Senators Ted Cruz, Rand Paul and Marco Rubio, join… Read More
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