Our lawyers provide innovative and practical counsel on a wide variety of capital raising and securities law compliance matters. We represent clients ranging from emerging private companies to established public companies. With each, we build long-term relationships, generating efficiencies and helping them realize their business goals.
SEC Authorizes the Director of Corporation Finance to Grant Exemptions from Audited Financial Statement Requirements for Annual Meeting Proxies
February 11, 2008 Full PDF
The SEC has approved a final rule that gives the Director of the Division of Corporation Finance the power to grant or deny exemptions from Exchange Act Rules 14a-3 and 14c-3's requirement to furnish audited financial statements in connection with annual meetings resulting from a shareholder demand and subject to certain conditions.