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News & Insights

"SEC Liberalizes Resale Restrictions Under Rules 144 and 145"

Client Alert

January 2008

Effective February 15, 2008, the Securities and Exchange Commission (the “SEC”) has adopted amendments to Rules 144 and 145 under the Securities Act of 1933 (the “Act”) in an effort to decrease the cost of capital for public and private issuers by providing additional liquidity to holders of privately sold securities. (Click here to link to the SEC’s release regarding these amendments). These amendments are applicable to securities acquired before or after February 15, 2008.

Attachments

  • Attachment 1

Related Practices

  • Corporate
  • Securities
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