SEC relaxes rules for firms going public. (Securities and Exchange Commission) (Corporate S.A.)

Entrepreneurial companies may find it easier to raise money in the capital markets under provisions recently adopted by the Securities and Exchange Commission (SEC). Designed to reduce the filing costs and complexities associated with raising capital for small companies, the new rules would simplify the filing requirements for qualifying small businesses and broaden the limits of existing rules related to small offerings.

The SEC's proposals have these results:

* Streamlined registration and disclosure forms would reduce registration costs for smaller companies, generally those with annual revenues and public "float" of less than $25 million. Public float is …