SEC Proposes Major Reforms to Modernize Public Offerings and Cut Reporting Costs
The SEC proposed two rulemakings—Registered Offering Reform and a revamped Public Company Reporting Framework—to modernize how registered offerings work, expand shelf offerings, ease communications and research coverage, and preempt state registrations; it also reforms filer rules to extend accommodations to about 81% of issuers, raises the large accelerated filer threshold to $2B, creates an IPO-on-ramp by delaying accelerated filer status, and provides extra filing time for small non-accelerated filers, with a 60-day public comment period.







