Tagged: mary jo white

June 27, 2016 @ 7:11 pm By JD Alois  |  

The Securities and Exchange Commission has proposed amendments that would increase the financial thresholds in the “smaller reporting company” definition. The proposal is in recognition of the fact that smaller firms are not as well-equipped and financed to endure the costly reporting requirements. “Raising the… Read More

June 18, 2016 @ 2:31 pm By JD Alois  |  

Last night the Securities and Exchange Commission (SEC) announced they had approved Investor’s Securities Exchange or IEX as a national securities exchange. IEX must satisfy certain standard conditions specified in the Commission’s order before it is able to begin the process of transitioning its operation… Read More

June 13, 2016 @ 3:16 pm By JD Alois  |  

Mary Jo White, the Chair of the Securities and Exchange Commission, will be presenting before the Senate Committee on Banking, Housing, and Urban Affairs. The open session, scheduled for this Tuesday, June 14 at 9AM, has been labeled, “Oversight of the US Securities and Exchange… Read More

May 20, 2016 @ 11:00 am By JD Alois  |  

    The SEC Advisory Committee on Small and Emerging Companies met yesterday at the SEC HQ on Capitol Hill. The main topic of discussion was the definition of an Accredited Investor. SEC Chair Mary Jo White was joined by her two remaining Commissioners, Michael… Read More

May 13, 2016 @ 5:05 pm By JD Alois  |  

SEC Chair Mary Jo White was in Peru this past week to participate in the 41st Annual IOSCO conference in Lima. During her visit, White presented as part of a panel entitled “New ways for the Financing of Small and Medium Enterprises (SMEs) and the… Read More

March 31, 2016 @ 11:04 pm By JD Alois  |  

During the keynote address at Stanford’s Rock Center for Corporate Governance at the event entitled “The Silicon Valley Initiative: Protecting Investments in Pre-IPO Issuers”, SEC Chair Mary Jo White delivered a wide ranging speech on the challenges of operating in the internet fueled age of finance…. Read More

March 7, 2016 @ 4:00 am By Scott Andersen  |  

The recent economic downturn is not the only challenge for entrepreneurs in the EB-5 and JOBS Act industries.  Rather, the challenges include close regulatory scrutiny by the United States Securities and Exchange Commission’s (SEC) Division of Enforcement.  While both EB-5 and the JOBS Act were… Read More

February 14, 2016 @ 1:56 pm By JD Alois  |  

In an Q&A session with Steven Bochner of the Securities Regulation Insitute, SEC Mary Jo White shared some insight into the rule-making process surrounding the JOBS Act and the various investment crowdfunding regulations enacted by the SEC. In listing the agencies accomplishments under her guidance,… Read More

February 4, 2016 @ 11:30 am By JD Alois  |  

The Securities and Exchange Commission has announced the updated roster of the Advisory Committee on Small and Emerging Companies (ACSEC). Within the announcement was an important change as Sara Hanks has been elevated to Co-Chair of the advisory group.  Hanks, a former SEC attorney and… Read More

December 19, 2015 @ 1:54 pm By JD Alois  |  

Dodd-Frank, the massive law passed in the midst of the Great Recession, touched many aspects of the financial industry.  One portion of the bill was a requirement to review the definition of an Accredited Investor “as it relates to natural persons” every four years.  The… Read More

November 21, 2015 @ 5:23 pm By JD Alois  |  

SEC Chair Mary Jo White opened the 34th annual Government- Business Forum on Small Business Formation. The prepared remarks were largely a re-cap of the JOBS Act. Completion of the rulemaking process occured with the release of Title III retail crowdfunding rules. White highlighted several… Read More

November 18, 2015 @ 2:25 pm By JD Alois  |  

Today is one of those days when SEC Commissioner Mary Jo White must march up to Capitol Hill and justify the SEC’s actions over proceeding months while requesting a budget increase to cover the cost of the Agency’s growing responsibilities. Chair of the Financial Services Committee,… Read More

October 30, 2015 @ 12:32 pm By Georgia Quinn  |  

What took place this morning is nothing short of revolutionary. For the first time in the history of the Securities and Exchange Commission (82 years), retail investors (ordinary people without income, wealth or sophistication qualifications) will be able to invest in private businesses en mass…. Read More

October 30, 2015 @ 11:13 am By JD Alois  |  

Securities and Exchange Commission Chair Mary Jo White opened up the meeting on Title III crowdfunding and rules impacting intrastate crowdfunding today with an explanatory statement on the agencies rule making process.  The much-anticipated announcement incorporated several changes  which will be well received by the… Read More

October 28, 2015 @ 7:42 pm By JD Alois  |  

Chair White Mentions Possible Cases of Fraud Under Title II But Not Widespread SEC Chair Mary Jo White took to the bully pulpit to address the Securities Regulation Institute in New York City this week.  She leveraged the opportunity to talk about building a more… Read More

October 23, 2015 @ 9:44 am By JD Alois  |  

The annual gathering at the Securities and Exchange Commission to discuss issues pertaining to SMEs is scheduled for November 19th, 2015.  The Government-Business Forum on Small Business Capital Formation has become a much-needed event for members of the business community to interact with SEC officials…. Read More

October 15, 2015 @ 1:38 pm By JD Alois  |  

Congressman Eric Swalwell (CA), along with House Representatives Derek Kilmer (WA), Seth Moulton (MA), Grace Meng (NY), Ruben Gallego (AZ), and Patrick Murphy (FL) joined the chorus of elected officials demanding rules for Title III, retail crowdfunding be released immediately.  The letter addressed to SEC… Read More

September 26, 2015 @ 1:31 pm By JD Alois  |  

Last week the SEC Advisory Committee on Small and Emerging Companies convened to take up several important issues that impact SMEs and economic growth.  SEC Chair Mary Jo White has made it a habit of opening this meeting – indicative of the import she has… Read More

September 24, 2015 @ 10:46 pm By JD Alois  |  

As 2015 enters Q4, and the days grow shorter, time is running out for final rules regarding Title III of the JOBS Act, otherwise known as retail crowdfunding. During most of 2014, Chair White stated completion of JOBS Act rules were a priority, raising hope… Read More

September 4, 2015 @ 4:53 pm By JD Alois  |  

Securities and Exchange Commissioner Daniel Gallagher announced in a brief statement today that he intends on departing the SEC no later than October 2nd.  His term was not set to expire until 2016. Gallagher submitted his resignation to President Obama in May of 2015 but… Read More