As of July 10, companies weighing an initial public offering canopt to keep certain information confidential until closer to theirtrading debut.

On June 29, the Securities and Exchange Commission announced thatall companies are now permitted tosubmit draft registration statements relating to IPOs for review ona nonpublic basis.

Lawyers are split on how significant this move is, but many canagree it is a clear indicator the Trump administration is makinggood on its promise to take steps to deregulate the financialmarkets.

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