By DealFlow Media – www.dealflowmedia.com
The Securities and Exchange Commission published the final draft of changes it’s making to Rules 144 and 145 of the Securities Act of 1933 on Dec. 6. The rule changes, which deal partly with requirements for holders of restricted stock, have been under discussion since last spring at the SEC and [...]

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FOR IMMEDIATE RELEASE
2007-233
Washington, D.C., Nov. 15, 2007 - The Securities and Exchange Commission today voted to adopt three measures to modernize and improve its capital-raising, reporting and disclosure requirements for smaller companies. These measures address some of the key recommendations made by the SEC’s Advisory Committee on Smaller Public Companies in its final report.
The final [...]

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By Mark McSherry [...]

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SEC/Corporate
Robert L. Kohl, Mark A. Conley and David A. Pentlow
On May 23, the Securities and Exchange Commission (The “SEC”) proposed certain new rules for changing Rule 144 and 145. On June 22, the SEC filed the proposed amendments to Rule 144 which would, among other things would:

shorten the required holding period for [...]

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Few entrepreneurs understand the complexities of going public. Most entrepreneurs have an idea of what to expect but most are clueless when it comes to examining the possible downside of the transaction. There are many things to consider when you decide to take your company public. I will attempt over the next seven Blogs to [...]

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The Treasury Secretary’s stance on internal-controls compliance seems to represent a subtle shift away from a strong preference for rolling back Sarbox.
David M. Katz, CFO.com
June 20, 2007
Pushed by a Congressman to stretch the deadline for small-company compliance with the Sarbanes-Oxley Act’s internal-controls provision, Treasury Secretary Henry Paulson held firm on Wednesday to the current filing [...]

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A new federal advisory committee, headed by MFS chairman Robert Pozen, has one year to make recommendations to the SEC.
Sarah Johnson, CFO.com
June 27, 2007
The Securities and Exchange Commission has established a committee to figure out how to take complexity out of financial reporting. Headed by Robert Pozen, chairman of MFS Investment Management, the group will [...]

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Gersten Savage LLP
In a move designed “to provide broader and more timely public notice of important Commission actions,” the Securities and Exchange Commission announced April 25 that it plans to replace a number of paper effectiveness orders with electronic notifications.
In particular, the SEC said in a release, on May 22, the staffs of the Divisions [...]

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The SEC posted their 114 page proposal on Rule 144 changes to their site Friday June 22, 2007.
The SEC is proposing making Rule 144 available for the resale without registration of restricted securities issued by a reporting shell company, at least 90 days after a reverse merger is completed and the “Form 10 information” or [...]

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DealFlow Media’s Reverse Merger Conference has just convened. This year the conference had close to 350 attendees. Here is an overview of what was discussed at the event:

2007 - First quarter results - 53 reverse mergers with $3 billion market cap - 100% higher than the prior year quarter!
A new study at the University of [...]

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