Proposed Rule
Revisions To Rule 163
Overview
We are proposing amendments to Rule 163(c) under the Securities Act of 1933 that would allow a well-known seasoned issuer to authorize an underwriter or dealer to act as its agent or representative in communicating about offerings of the issuer's securities prior to the filing of a registration statement. We believe that the proposed amendments should further facilitate capital formation by well-known seasoned issuers by removing certain impediments to issuer communications with broader groups of potential investors regarding offerings of securities.
Resources
Details
Public Comments Due
Jan. 27, 2010
File Number
S7-30-09
Rule Type
Proposed
Release Number
33-9098
SEC Issue Date
Dec. 18, 2009
Federal Register Publish Date
Dec. 28, 2009
Document Citation
74 FR 68545
RIN
3235-AK29
Public Comments