The Offer to dismiss small companies from quarterly reporting should include also those who issue bonds
Adv. Amichay Finkelstein, a partner, and the manager of the capital market department has reviewed and criticized the draft concerning the rules of securities regulations that the Israeli SEC has published. The draft regards the canceling of the obligation of small public companies (that their market capitalization is under 300 Million Shekels) to publish quarterly financial reports.
Adv. Finkelstein thinks that although the relief that is given to small public companies, a lack of balance is also been given when it comes to bond companies, that might hurt the Israeli Market.
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