Legislative Update: JOBS Act 3.0 Covers Quarterly Reporting, Insider Trading and Multi-Class Share Structures

With overwhelming bipartisan support, on July 17 the U.S. House of Representatives approved the JOBS and Investor Confidence Act of 2018 (S. 488), also known as the JOBS Act 3.0. It aims to jumpstart startups [...]

By |2021-04-08T14:52:26-07:00July 18, 2018|Blog|Comments Off on Legislative Update: JOBS Act 3.0 Covers Quarterly Reporting, Insider Trading and Multi-Class Share Structures

S&P, Russell Indexes Push Back on Snap’s Non-Voting Stock

Less than a week after the FTSE Russell index announced plans to exclude Snap Inc. and other companies that offer virtually non-existent voting rights to public shareholders, the S&P Dow Jones went a step (or several) further with a ban on multi-class share structures for new entrants to several of its flagship indices, including the S&P 500. The [...]

By |2021-04-08T14:53:29-07:00August 2, 2017|Blog|Comments Off on S&P, Russell Indexes Push Back on Snap’s Non-Voting Stock