WASHINGTON, May 19 (Reuters) – Wall Street’s top regulator on Tuesday announced what it said were broadbased reform proposals for regulations on how companies offer shares and report required information to investors, saying this would help boost corporate participation on stock markets.
“These proposals build upon the legislative and regulatory concepts that have proven successful in the past and aim to extend that success to more companies,” Paul Atkins, chair of the U.S. Securities and Exchange Commission, said in a statement.
(Reporting by Douglas Gillison in Washington)
