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Tag Archives: General advertising
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
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
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