SEC Clarifies "Showing of Good Cause" for WKSI Ineligible Issuer Waivers | Practical Law

SEC Clarifies "Showing of Good Cause" for WKSI Ineligible Issuer Waivers | Practical Law

An update on the SEC Division of Corporation Finance's statement clarifying what constitutes a "showing of good cause" for its ineligible issuer waivers to reinstate an issuer's well-known seasoned issuer (WKSI) status.

SEC Clarifies "Showing of Good Cause" for WKSI Ineligible Issuer Waivers

Practical Law Legal Update 0-506-8457 (Approx. 3 pages)

SEC Clarifies "Showing of Good Cause" for WKSI Ineligible Issuer Waivers

by PLC Corporate & Securities
Published on 11 Jul 2011USA (National/Federal)
An update on the SEC Division of Corporation Finance's statement clarifying what constitutes a "showing of good cause" for its ineligible issuer waivers to reinstate an issuer's well-known seasoned issuer (WKSI) status.