Law Blog Category: NYSE MKT

SEC Adopts The T+2 Trade Settlement Cycle

ABA Journal’s 10th Annual Blawg 100 —————————————————————————————————— Introduction and brief summary of the rule On March 22, 2017, the SEC adopted a rule amendment shortening the standard settlement cycle for broker-initiated trade settlements from three business days from the trade date (T+3) to two business days (T+2). The change is designed to help enhance efficiency Read the full article…

SEC Issues White Paper On Penny Stock Risks

February 21, 2017 in NASDAQ, NYSE MKT, OTC Market, OTC Pink, OTCBB, OTCQB, OTCQX

On December 16, 2016, the SEC announced several new settled enforcement proceedings against market participants including issuers, attorneys and a transfer agent, related to penny stock fraud. On the same day the SEC issued a new white paper detailing the risks associated with investing in penny stocks. This blog summarizes the SEC white paper. As Read the full article…

NASDAQ Listing Requirements

The U.S. Capital Markets Clearance And Settlement Process

The Materiality Standard; NYSE Amends Rules; FASB Proposed Guidance

Going Public Transactions For Smaller Companies: Direct Public Offering And Reverse Merger