February 20, 2019 BY Valentina Kirilova

SEC votes for the full adoption of a pilot modernization program to all issuers

The US Securities and Exchange Commission (SEC) has voted in favor of expanding its pilot program on the modernization of allowing investors to share their opinions regarding potential offerings at a much earlier stage than the current one. According to the provisions of the new rule and its amendments, the "test-the-waters" accommodation currently used by emerging growth…

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