October 27, 2004
Quiet Period for IPO's Under Review by SEC
For seventy years, rules around the quiet period have been in place. There is a move afoot to make this rather onerous restriction a little easier to cope with. This is a good idea since there are so many accidental violations. And information travels a much different pace and via different methods than it did in the 1930's.
An excerpt on this topic is here:
SEC proposes changes to 'quiet period'
Under plan, investors could get updates before IPOs; agency OKs rules for hedge funds.
By Marcy Gordon, Associated Press, October 27, 2004
WASHINGTON -- Federal regulators proposed Tuesday to loosen restrictions on executives' comments in the weeks before their company goes public in a stock sale, a move that could bring the first significant changes in 70 years to a traditional fixture known as the quiet period. For the complete article, click here.
To learn more about how your company can rapidly and affordably manage the Sarbanes-Oxley Act, see www.issuescentral.com or call to find out how the Compliance Playbook can reduce work and increase results - (416) 977-1496
An excerpt on this topic is here:
SEC proposes changes to 'quiet period'
Under plan, investors could get updates before IPOs; agency OKs rules for hedge funds.
By Marcy Gordon, Associated Press, October 27, 2004
WASHINGTON -- Federal regulators proposed Tuesday to loosen restrictions on executives' comments in the weeks before their company goes public in a stock sale, a move that could bring the first significant changes in 70 years to a traditional fixture known as the quiet period. For the complete article, click here.
To learn more about how your company can rapidly and affordably manage the Sarbanes-Oxley Act, see www.issuescentral.com or call to find out how the Compliance Playbook can reduce work and increase results - (416) 977-1496
