WKSIs and Seasoned Issuers


This practice note explains different “categories” of issuers, including well-known seasoned issuers (WKSIs) and seasoned issuers created by the Securities and Exchange Commission (SEC) as a result of the reforms it made to the securities offering process in 2005. An issuer classified in one of these categories, particularly an issuer classified as a WKSI, enjoys significant advantages in offering its securities under the Securities Act of 1933, as amended ( Securities Act).