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SEC Expands Nonpublic Draft Registration from EGCs to All Companies

SECURITIES-AND-EXCHANGE-COMMISSION-facebook The Securities and Exchange Commission announced

"By expanding a popular JOBS Act benefit to all companies, we hope that the next American success story will look to our public markets when they need access to affordable capital," said Chairman Jay Clayton. "We are striving for efficiency in our processes to encourage more companies to consider going public, which can result in more choices for investors, job creation, and a stronger U.S. economy."