SEC Proposes Change to Rule 144 Holding Period for Variable Rate Convertible Securities
By EsqSocial Corporation 30/12/20
On Dec. 22, 2020, the U.S. Securities and Exchange Commission (SEC) proposed rule changes that would require the mandatory six-month holding period under Rule 144 to begin at the time of conversion or exchange of a security rather than at the time the convertible or exchangeable security was originally acquired....
By: McGuireWoods LLP