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Kevin Kennedy Quoted in The Wall Street Journal on Potential IPO Deregulation
02.22.18
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Corporate Partner Kevin Kennedy was quoted in an article in The Wall Street Journal titled “Companies Could Get More Flexibility to Launch IPOs,” which discusses potential SEC deregulatory changes that could affect IPOs. According to the article, the number of IPOs has declined by 50% since the 1990s and the SEC is reviewing how to allow larger companies to stage private talks with investors before announcing they will sell stock. SEC officials believe that the move would increase the number of companies that consider an IPO in the future, according to the article. “Coupling that with confidential submissions could go a long way toward getting bigger companies to go out and start the process,” Kevin says.
To read the full article, please click here (subscription required).