Do you think the Goldman Sachs/Facebook deal was too good to be true? Let’s face it: finding a way to give your best investors $1.5 billion in access to the hottest pre-IPO company in the market is pretty amazing. And since “too good to be true” is usually followed by “not for long,” the SEC is already taking a look at whether the disclosure rules for privately held firms need to be rewritten, according to the Wall Street Journal.
Is the United States still the global leader in the IPO market? Yes, but that could be changing. The latest data from KCSA Strategic Communications—which surveyed 50 securities attorneys—shows that the U.S. share is declining.