Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : SEC, NYSE, NASDAQ & Related Regulations -- Ignore unavailable to you. Want to Upgrade?

To: Caroline who wrote (6)	6/22/1998 11:20:00 AM
From: peter michaelson	Read Replies (1) \| Respond to of 13

Thanks, Caroline. Having begun doing some research, I think the answer is somewhat more complicated than you indicate. I beleive that regardless of exchange or even if none at all, if you are to sell shares to the public you must register the securities with the SEC. There are certain limited exceptions generally based on the size of the offering. On the exchange side, rather than SEC, it is true that the NASD will be eliminating non-reporting companies from the Bulletin Board list pretty soon. Here's a link: nasdaqnews.com Peter