The SEC announced that the next meeting of the Investor Advisory Committee will be held on January 21, 2016.  Among other things, the Committee will discuss the Financial Accounting Standards Board proposed amendments to the Statement of Financial Accounting Concepts and Notes to Financial Statements concerning disclosure materiality; an update on crowdfunding rules; and the NASDAQ listing standards—shareholder approval rules.

Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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