The SEC's recognition of a gap in financing opportunities for small businesses led to the adoption of new rules that make it easier and less expensive for small businesses to raise capital. The new rules and regulations revise the financial reporting requirements and cut the cost of financial preparation and auditing.
The Cincinnati grocery chain is said to be one of the companies considering a bid for Dominick's. The Safeway subsidiary went on the market last November and also is being considered for purchase by Nash Finch, Supervalu, Schnuck Markets and Roundy's.
The U.S. Attorney's Office in Manhattan and the SEC began investigations into whether Ahold's U.S. Foodservice subsidiary was involved in improper accounting. The Dutch stock exchange also has launched an investigation.