SEC Pulse Header NEW-1

Sullivan Client Advisory: FAST Act Legislation Eases Capital Raising Restrictions And Seeks To Simplify Disclosure Requirements

Posted by Howard Berkenblit on January 6, 2016 at 11:40 AM
Find me on:

In December 2015, President Obama signed into law the Fixing America’s Surface Transportation Act (FAST Act). Buried in the hundreds of unrelated pages of the FAST Act are several provisions that modify the previously adopted Jumpstart Our Business Startups Act (JOBS Act). The FAST Act impacts capital raising for emerging growth companies (EGCs), seeks to simplify disclosure requirements for reporting companies, codifies a previously informal exemption from registration for resales of securities and streamlines the registration process for smaller reporting companies. The key securities provisions of the FAST Act are summarized below.

Click below to read the complete Client Advisory, co-authored by Sullivan attorneys Howard Berkenblit, Rob Condon, Jeff Morlend and Avi Rao.

View Advisory

Topics: the JOBS Act, FAST Act, reporting requirements, emerging growth companies

Sullivan 4c

About the Blog


The SEC Pulse provides updates and commentary from our Capital Markets Group on issues affecting publicly traded and privately owned businesses, investment banks and foreign companies who trade or raise capital in the United States, and boards of directors and company officers in securities transactions and corporate governance matters.

The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.

Subscribe to Blog

Recent Posts

Posts by Topic

see all