The SEC will now review staff decisions on new stock offerings faster

The US Securities and Exchange Commission is changing its internal rules for reviewing staff decisions. This means that when staff approve new stock offerings, the Commission itself will review those approvals more quickly.

Companies trying to raise money by selling stock or other securities need their registration statements approved by the SEC. This process can be slow. Speeding up the internal review of staff decisions could mean companies get their offerings to market faster, reducing uncertainty and costs.