Community Banks De-Registering with SEC Pursuant to JOBS Act

Community banks continue to take advantage of new JOBS Act thresholds that now allow banks with less than 1,200 shareholders[1] to deregister with the SEC.  Prior to April 2012, the deregistration threshold was 300 shareholders.

According to the SEC, at least 35 banks or bank holding companies have deregistered with the SEC since the passage . . . → Read More: Community Banks De-Registering with SEC Pursuant to JOBS Act