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SEC amends definitions of accelerated filer and large accelerated filer

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Mar 12, 2020

On March 12, 2020, the Securities and Exchange Commission (SEC) issued a final rule, Amendments to the Accelerated Filer and Large Accelerated Filer Definitions. The final rule allows “smaller issuers that have been public for more than five years, but have not yet reached $100 million in revenues, to continue to benefit from the JOBS Act exemption as they build their businesses, while maintaining important investor protections.”

Review the press release on the SEC’s website.

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