Any company exploring whether to go public would get greater leeway to discuss their plans privately with potential investors before announcing an initial public offering, under a proposal that securities regulators released Tuesday.
In a bid to boost the number of public companies, the Securities and Exchange Commission proposed letting all companies “test the waters” before deciding whether to seek an IPO. The agency had previously allowed only smaller, emerging companies to talk to investors privately.
‘Enforcement 40’ for 2020
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