SEC Chairman Eyes ‘Gun-Jumping’ Rule Changes to Spur More IPOs
Posted by MarketsWire
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings.
1 replies
tomspark wrote:
Loosening gun-jumping rules sounds good on paper but this is just regulatory capture dressed up as market efficiency. Companies already have enough ways to hype themselves; we don't need to make it easier for them to pump their own IPOs.