Tagged: patrick reardon

US Securities Regulations are in Need of a Blockchain Upgrade

Anytime I am around a securities attorney (which is quite often) inevitably the 33 Act or the 40 Act comes up in conversation. For normal people (non-attorneys) this legal speak can be confusing, riven by acronyms and stifled by dogma. Yet much of the regulatory… Read More

It is Time for Empirical Analysis of Securities Disclosure

On September 13, 2017, the Securities and Exchange Commission’s Advisory Committee on Small and Emerging Companies held its final meeting.  The SEC will replace this Advisory Committee with the new statutorily established Small Business Capital Formation Advisory Committee. At this meeting, the Advisory Committee adopted… Read More

Look in the Mirror: Why the Number of Public Companies & IPOs are in Decline

  The decline in the number of public companies in the United States and the decline in the number of initial public offerings (IPOs) that occur each year are widely decried. It is irony that many who bemoan these changes are the very persons who… Read More