SEC Completes All Rulemaking Mandated By JOBS Act

Law360, New York (May 3, 2016, 7:20 PM EDT) -- The Securities and Exchange Commission said Tuesday that it has approved changes to when and how equity securities must be registered in the final rulemaking under the Jumpstart Our Business Startups Act, allowing companies to exclude stocks from SEC registration when held by employees.

The approval of amendments to revise threshold rules for registration, termination of registration and suspension of reporting under Section 12(g) of the Securities Exchange Act of 1934 implements provisions of both the JOBS Act and the Fixing America's Surface Transportation Act, the SEC said.

"With the adoption of these amendments, the commission has completed all of the...

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