Ex-SEC official: No need to fear US compliance rules
Various strategies for firms seeking to raise capital in US to comply with rules
COMPLIANCE requirements in the US might have increased in the past few years, but companies planning to raise capital there should not be afraid of them, said Robert Khuzami, who was most recently the enforcement chief at the Securities and Exchange Commission (SEC).
"The SEC is going aggressively into various areas ... but it doesn't mean principles of justice and fairness are being tossed aside, or there is no due process," Mr Khuzami, now a partner in corporate law firm Kirkland & Ellis, told The Business Times in an interview yesterday.
Rather, firms can pursue a variety of strategies to deal with increased regulatory activity, he said. These include being fully aware of all business operations and havin…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade