Representing clients from the above cities and others, in U.S. & cross-border business matters. Office in Fort Lauderdale, FL, USA.   Admitted to practice law in FL, NY, TX, MN.  Languages: English, Spanish, Norwegian, Swedish, Danish.
BusinessLaw Updates
Barnhart Law PLC
BusinessLaw Updates

» www.BusinessLawUpdates.com

Updates and commentary by Constance R. (Connie) Barnhart on US business law topics, including corporate, contracts, and commercial law matters, financial and securities laws matters, mergers & acquisitions, and international (cross-border) business transactions.

Finance & Securities Law Topics

To see BusinessLaw Updates on other topics, click on any of the topics listed in the sidebar.

See Disclaimer below.

House Bill would Raise 500 Shareholder Threshold for Public Company Registration to 1,000 & Exclude Accredited Investors from Count

In June, 2011, a bill was introduced in the House would raise the 500-shareholder threshold for becoming an SEC registered reporting company to 1000 and exclude accredited investors and employees.

The bill, HR 2167 has been referred to the House Financial Services Committee for review. This means the bill is in the first step in the legislative process. “Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee,” according to the legislative tracking service, SEC Reviewing 500

Read more…House Bill would Raise 500 Shareholder Threshold for Public Company Registration to 1,000 & Exclude Accredited Investors from Count

SEC Reviewing 500 Shareholder Threshold for Requiring Registration as a Public Company

According to an announcement made in May, 2011, the U.S. Securities and Exchange Commission (“SEC”) is reviewing the current 500 shareholder threshold for private companies with $10 Million or more in assets, at and beyond which they must register as a public company under the Securities Exchange Act of 1934.

The announcement was made by SEC Chairman Mary Schapiro in testimony at a hearing on “the Future of Capital Formation” before the U.S. House of Representatives Committee on Oversight and Government Reform on May 10, 2011. Here is a Bloomberg News, the catalyst for the review may have been

Read more…SEC Reviewing 500 Shareholder Threshold for Requiring Registration as a Public Company

See Archives of Additional BusinessLaw Updates on Finance & Securities Law topics.

……………………………………………………….. Back to Top…

All content posted or linked on this site is for information only. It does not constitute legal advice or other professional advice of any kind, and may not be relied upon as such. Each situation is different, and a qualified attorney should be consulted about your particular facts before making any judgments, or taking or refraining from taking any action of a legal nature. Your use of this website or contact with us does not give rise to an attorney-client relationship. Client relationships commence only after signing an engagement letter with Barnhart Law PLC and depositing the applicable retainer in Trust. By viewing this site, you agree to the Terms of Use for this site.

Constance R. Barnhart
Attorney At Law, Managing Member
Barnhart Law PLC

ATTORNEY PROFILE
30 years of law practice
at large law firms
Read more »

EXPERIENCE
See Representative Client Engagements Handled as Lead Attorney

Available for Consultation
by Appointment Only at:

Barnhart Law PLC
401 East Las Olas Boulevard
Suite 1400
Fort Lauderdale, Florida 33301
U.S.A.

CBarnhart@BarnhartLawPLC.com

www.BarnhartLawPLC.com

» Follow us on Twitter

@BusinessAtty