PLI’s Guide to the Securities Offering Reforms shows you how these dramatic 2005 changes have expanded permissible communications in connection with registered offerings, clarified the liability framework applicable to such offerings under the Securities Act, and streamlined the securities registration process.
You’ll get all the need-to-know reform details about “automatic shelf registration” for large issuers, a simpler and more flexible registration process; the clarification of ”gun-jumping” rules, which has benefited issuers, underwriters and their counsel by reducing uncertainty and addressing certain technologies; and the positive effects of the increase in registered offerings.
This concise, authoritative report shows you how the rules created a new class of “well-known seasoned issuers” that benefit from these reforms; created a new class of permissible written communications known as free writing prospectuses; liberalized the use of research reports around the time of an offering; and eliminated the need to deliver paper copies of final prospectuses unless specifically requested.
PLI’s Guide to the Securities Offering Reforms is a handy reference for securities practitioners and investors.