@dcstalder tweets related to: Legislation, Shareholder, Rule, Ipo, Company

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The 500-shareholder rule is heading for the scrapyard. Senators Pat Toomey (R-Pa.) and Tom Carper (D-Del.) today introduced legislation that would effectively eliminate a rule that many have cited as the reason Facebook may go public next year. It's called the 500-shareholder rule, and basically means that a private company must publicly disclose financial data once it has at least 500 shareholders.
Dana Stalder Twitter

New legislation introduced to kill 500 shareholder rule for pre-ipo private companies. Good news if passes http://t.co/4sQrVLwM

Dana Stalder Twitter

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