Reminder: Deadline for Nasdaq Certification Approaching

By: Daniele Ouellette Levy As described in prior posts, Nasdaq recently amended its listing rules regarding the independence of compensation committee members.  A description of the changes may be found here and here. The deadline for complying with Nasdaq’s revised listing requirements is the earlier of (i) a company’s first annual meeting after January 15, 2014, …

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Nasdaq Revises Compensation Committee Requirements – Again

By: Daniele Ouellette Levy Nasdaq recently amended its listing rules regarding the independence of compensation committee members. The latest amendment comes on the heels of an amendment approved by Nasdaq in early 2013 which imposed new independence requirements on members of compensation committees. Under the rules approved in early 2013, any director who accepts compensation from …

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Action Items for Smaller Reporting Companies: Nasdaq Compensation Committee Requirements Deadline Approaching

By: Daniele Ouellette Levy In January 2013, the SEC approved changes to Nasdaq’s listing rules regarding compensation committees. These changes apply to any company whose stock is listed on Nasdaq – with certain significant exceptions. Smaller reporting companies, or SRCs, are exempt from many, but not all, of the new requirements. The deadline for compliance …

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Action Items for Smaller Reporting Companies: Nasdaq Changes Compensation Committee Requirements

By: Daniele Ouellette Levy The SEC recently approved changes to Nasdaq’s corporate governance requirements regarding compensation committees. These changes apply to any company whose stock is listed on Nasdaq – with certain significant exceptions. Smaller reporting companies, or SRCs, are exempt from many, but not all, of the new requirements. Here is a brief summary …

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BBJ Features MBBP Attorneys Article “A Solution for Smaller Companies”

The Boston Business Journal recently published an article written by MBBP attorneys Daniele Levy and Joe Marrow. The article, titled "A Solution for Smaller Companies", discusses the BX Venture Market – a new trading platform recently proposed by NASDAQ.  Daniele and Joe provide insights into the benefits the BX Venture Market may provide for smaller …

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NASDAQ Suspension of Minimum Bid Price Requirement to Expire on August 3, 2009

By Daniele Ouellette Levy NASDAQ has stated that it does not expect to extend the suspension of the minimum bid price requirement past July 31, 2009, the current expiration date. Click here for details. Without further action by NASDAQ, the minimum bid price requirement will be reinstated on Monday, August 3, 2009. Once this requirement is reinstated, NASDAQ-listed …

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