{"abstract":"The Securities and Exchange Commission (``Commission'') today proposes amendments to rules and Forms S-3 and F-3 under the Securities Act of 1933 (``Securities Act'') to include non-voting as well as voting common equity in the computation of the required $75 million aggregate market value of common equity held by non-affiliates of the registrant. In addition, the Commission is proposing conforming amendments to Form F-2 under the Securities Act, Forms 10-K and 10-KSB under the Securities Exchange Act of 1934 (``Exchange Act'') and the definition of ``Small Business Issuer'' in Rule 405 and in Item 10 of Regulation S-B under the Securities Act and in Rule 12b-2 under the Exchange Act. Under the proposed revisions, the aggregate market value of voting and non-voting common equity would be included in the calculation of the amount of the required public float for issuers to qualify to use Form F-2 and to be small business issuers and in stating the amount of the public float on Forms 10-K and 10-KSB.","action":"Proposed rules.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/1996/09/10/96-22726.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"228","title":17},{"chapter":null,"citation_url":null,"part":"230","title":17},{"chapter":null,"citation_url":null,"part":"239","title":17},{"chapter":null,"citation_url":null,"part":"240","title":17},{"chapter":null,"citation_url":null,"part":"249","title":17}],"citation":"61 FR 47706","comment_url":null,"comments_close_on":"1996-10-10","correction_of":null,"corrections":[],"dates":"Comments should be received on or before October 10, 1996.","disposition_notes":null,"docket_ids":["Release Nos. 33-7326 and 34-37624","File No. S7-23-96"],"dockets":[],"document_number":"96-22726","effective_on":null,"end_page":47712,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":null,"html_url":"https://www.federalregister.gov/documents/1996/09/10/96-22726/expansion-of-short-form-registration-to-include-companies-with-non-voting-common-equity","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/96-22726?publication_date=1996-09-10","mods_url":"https://www.govinfo.gov/metadata/granule/FR-1996-09-10/96-22726/mods.xml","not_received_for_publication":null,"page_length":7,"page_views":{"count":38,"last_updated":"2026-07-27 16:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-1996-09-10/pdf/96-22726.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"1996-09-10","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/1996/09/10/96-22726.txt","regulation_id_number_info":{"3235-AG82":{"issue":"199704","html_url":"https://www.federalregister.gov/regulations/3235-AG82/expansion-of-short-form-registration-to-include-companies-with-non-voting-equity","title":"Expansion of Short-Form Registration to Include Companies With Non-Voting Equity","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=199704&RIN=3235-AG82&operation=OPERATION_EXPORT_XML","priority_category":"Substantive, Nonsignificant"}},"regulation_id_numbers":["3235-AG82"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-09-21T08:38:56Z"},"regulations_dot_gov_url":null,"significant":false,"signing_date":null,"start_page":47706,"subtype":null,"title":"Expansion of Short-Form Registration To Include Companies With Non-voting Common Equity","toc_doc":null,"toc_subject":null,"topics":[],"type":"Proposed Rule","volume":61}