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SEC Adopts New Exemptions From Exchange Act Registration for Compensatory Employee Stock Options
December 10, 2007 Full PDF
On November 15, 2007, the SEC adopted final rules amending Exchange Act Rule 12h-1 to provide relief from Exchange Act registration of compensatory employee stock options for (i) private, non-reporting companies that issue options to 500 or more eligible participants under their option plans and (ii) public reporting companies that are required to file periodic reports under Exchange Act Section 13 or Section 15(d).