Companies use JOBS Act IPO provisions, SEC says

04/12/2013 | Reuters

A provision of the JOBS Act that allows some companies to keep draft initial public offering documents confidential is being used by market participants, according to statements made by representatives of the Securities and Exchange Commission to the House of Representatives. More than 175 companies have taken advantage of the provision, according to Lona Nallengara and John Ramsay of the SEC.

View Full Article in:

Reuters

Published in Briefs: