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Win Rutherfurd

Cesar Fischer focuses on corporate and securities law, with an emphasis on capital markets transactions, venture financing, and mergers and acquisitions. He represents U.S. and non-U.S. clients, including early-stage and emerging growth companies, investment banks, and venture capital and private equity firms. Latin American clients also seek Cesar to advise on general corporate matters, including with respect to corporate governance, SEC reporting and other compliance matters.

Cesar advises on public and private equity and debt offerings, including SEC-registered and Rule 144A/Regulation S initial public offerings, as well as secondary offerings, high-yield and investment-grade debt offerings. He also provides guidance on corporate governance, SEC compliance, and Sarbanes-Oxley related issues.

In the venture capital space, Cesar has worked on numerous financing rounds for technology and health care companies, representing both investors and startups. He has also been involved in cross-border M&A transactions and corporate reorganizations.

On March 3, 2025, the SEC’s Division of Corporation Finance issued new guidance expanding the availability of confidential review of draft registration statements (DRS). Originally, DRS was for foreign private issuers and later extended to emerging growth companies (EGCs) under the JOBS Act in 2012. In 2017, the SEC allowed all companies to use DRS for IPOs and initial listings. The 2025 guidance removes the “initial filing” limitation, allowing both private and public companies to submit DRS for confidential review.
Continue Reading SEC Expands Confidential Review Process for Draft Registration Statements