JORDEN BURT ALERT: SEC Decides to Proceed with Rule 151A Analysis, But Subject to a Two-Year Stay
December 9, 2009
The SEC has consented to a two-year stay of Rule 151A and undertaken to conduct an analysis of whether the Rule will promote competition, efficiency and capital formation. The SEC has stated that its staff is expected to complete its analysis and make a recommendation to the Commissioners in the Spring of 2010.
To read the Client Alert, click below:
SEC Decides to Proceed with Rule 151A Analysis, But Subject to a Two-Year Stay
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