Category: Rule 144 Legal Opinions 146

Through Rule 144, any small business owner, or investor, can sell their restricted stock, or securities, on the public stock market without registering them with the SEC. This legislation is important because it gives the investors and shareholders who have these securities the opportunity to resell their restricted securities
On December 22, 2020, the SEC proposed amendments to Rule 144 to eliminate 'tacking of' the holding period of security and amend the filing requirements and the deadline to coincide with the Form 4 filing deadline. Under the proposed rule, the holding period for the "market-adjustable securities" acquired upon conversion or exch