Rimon

Entries tagged “secondary markets”

SEC Loosens Control on Shareholder Limit under the Private Company Flexibility and Growth Act

insights SEC Loosens Control on Shareholder Limit under the Private Company Flexibility and Growth Act Michael Moradzadeh · November 1, 2011

This blog post was prepared by Inna S. Wood and Michael Moradzadeh. The Private Company Flexibility and Growth Act (H.R. 2167), referred to as the “Facebook Rule” by many internet bloggers, was introduced in the House by Rep. David Schweikert (R-AZ) on June 14, 2011. Its main theme is to increase the shareholders of record…

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