BlockBeats News, May 19th, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) has proposed to broaden the disclosure rules for listed companies and expand the scope of "shelf offerings" to encourage more companies to go public through initial public offerings (IPOs).
Note: Shelf offering refers to a company initially registering a large batch of planned securities (such as stocks, bonds, etc.) with the SEC, but not required to sell all of them immediately. Instead, they can be "put on the shelf" for a period of time and issued in batches when market conditions are favorable.
