Corporate
Communicator
Newsletter
Communicator
Newsletter
by Elizabeth Gadbaw
The SEC has proposed changes that would expand the number of registrants that qualify as “smaller reporting companies” under the SEC rules and regulations. Under the proposed definition, the pool of registrants qualifying as smaller reporting companies would be enlarged by increasing the thresholds for eligibility based on either a registrant’s public float or its previous year’s revenues, permitting an estimated additional 782 registrants to file as smaller reporting companies.