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Flash Report: SEC Amends Smaller Reporting Company Thresholds - The Protiviti View
Hoping to reduce compliance costs and promote capital formation while maintaining appropriate investor protections, the Securities and Exchange Commission (SEC), on June 28, increased the upper limit on smaller reporting company (SRC) thresholds. The new definition of SRC includes registrants with a public float of less than $250 million (up from $75 million), as well …