Regulation
Proposal Denied! SEC Rejects Plan to Allow New Capital Raises Through Direct Listings
NYSE’s new idea hits a roadblock.
Tag: IPO
Market Moves
NYSE Proposes New Method for Companies to Raise Capital When Going Public
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
Market Moves
Petraeus: Saudi Arabia Is Running Out of Money
The former CIA chief says the oil company's upcoming IPO is needed to bridge the gap.
Risk
ElectroCore Faces Class Action Headache
Complaint alleges firm misled investors over migraine medicine.
Regulation
SEC Finalizes ‘Test-The-Waters’ Policy Expansion, Allowing Companies to Solicit Investor Interest Before IPOs
New rule removes Obama-era revenue cap of <$1 billion for companies to solicit investor feedback before going public.
Market Moves
Apollo’s Leon Black Laments Going Public
Lagging share price vexes PE kingpin, who says investors just don’t understand the firm.
SEC Proposes to Expand Obama-Era ‘Test-the-Waters’ Modernization to All Businesses
Proposition would allow businesses to solicit institutional investor interest before filing an IPO.