In Part 1 of this bog, I tried to place in context the recent change in Rule 506 that eliminates — for one class of Rule 506 offerings — the long-time prohibition against general advertising or general solicitation. Part 2 … Continue reading
This summer, the SEC at last amended Rule 506 of Regulation D to enact the directive given the SEC in the JOBS Act. (Previous blogs have addressed the provisions of the JOBS Act, which became law in April 2012). At … Continue reading
Picking up our continuing blog coverage on securities law capital raising changes for small business: The Jumpstart Our Business Startups Act (JOBS Act), designated H. R. 3606, passed the Senate last week in amended form, and today the House approved … Continue reading