JOBS Act Confidential Registration Statement Submission FAQs Released

The SEC's Division of Corporation Finance has released frequently asked questions about confidential submissions by emerging growth companies of draft registration statements, as now permitted by the JOBS Act.

PLC Corporate & Securities

On April 10, 2012, the SEC's Division of Corporation Finance issued frequently asked questions (FAQs) clarifying certain details about confidential submission of draft registration statements for confidential non-public review by emerging growth companies (EGCs) under new Securities Act Section 6. Among other things, the questions clarify that:

For more information on relief the JOBS Act provides for EGCs, see Practice Notes, JOBS Act: On-ramp to the Capital Markets for Emerging Growth Companies Summary and Road Map to the Jumpstart Our Business Startups (JOBS) Act of 2012.

 
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