The SEC Proposed Changes to the Definition of a Smaller Reporting Company On June 27, 2016, the SEC issued proposed rule amendments that would increase the financial thresholds in the definition of smaller reporting company as used in the SEC’s rules and regulations. If adopted, the proposal would expand the number of registrants that qualify…

Yesterday the Advisory Committee on Small and Emerging Companies had a meeting. The full text transcript of the meeting is available here. Full Link: https://www.sec.gov/info/smallbus/acsec/acsec-transcript-051816.pdf Paul Elio, CEO and chairman of Elio Motors, Inc. addressed the SEC Advisory Committee on Small and Emerging Companies. Then Dan Zinn, general counsel of OTC Markets presented an update regarding…