SEC Eyes 20-Year-Old IPO Communication Rule Changes to Spur Listings

2 articles · Updated · Bloomberg · May 26

Paul Atkins said the SEC is considering changes to “gun-jumping” rules that restrict what companies can say while preparing to go public.
Those communication limits have not been updated in more than 20 years, and Atkins said he would welcome reforms to make the IPO process easier.
The review fits a broader push by the Wall Street regulator to encourage more initial public offerings by easing frictions in the listing process.

As the SEC relaxes pre-IPO communication rules, what new safeguards will protect investors from potentially misleading corporate hype?

With federal regulators aiming to preempt state IPO laws, could a major legal battle over market oversight be looming?