Category Archives: Rule 506(c)

General Solicitation, Where Are You?

The Jumpstart our Business Startups Act (JOBS Act) was signed into law on April 5, 2012 and was to (among other things) allow businesses to generally solicit investors for certain securities offerings as well as create guidelines for crowdfunding.  The Jobs Act  required the SEC … Continue reading

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Mary Schapiro to Leave SEC

Today, the SEC issued this release announcing that Chairman Mary Schapiro will be leaving the SEC in December. After 4 years, she is one of the longest serving Chairmen and in the past two years brought a record number of … Continue reading

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Can I Generally Solicit Investors?

Not yet! As you know, on August 29, 2012, the SEC proposed rules to eliminate the ban on general solicitation in certain securities offerings. Since then the SEC has been receiving comments and suggestions on its proposed rules; you can … Continue reading

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Rule 506 and General Solicitation

On August 31, 2012 the SEC issued proposed rules that would eliminate the prohibition against general solicitation and advertising in Rule 506 offerings.  The SEC has requested comments on the proposed rules within 30 days.  You may provide your comments … Continue reading

Posted in IPO, JOBS Act, Legislation, Reg D 506, Rule 506(c), Securities Offerings, Small Business Management | Tagged , , , , , , , , , , | Leave a comment