[DOWNLOAD] "Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)" by The Law Library # Book PDF Kindle ePub Free
eBook details
- Title: Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)
- Author : The Law Library
- Release Date : January 21, 2018
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 335 KB
Description
The Law Library presents the complete text of the Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition).
Updated as of May 29, 2018
We are adopting amendments to Rule 506 of Regulation D and Rule 144A under the Securities Act of 1933 to implement Section 201(a) of the Jumpstart Our Business Startups Act. The amendment to Rule 506 permits an issuer to engage in general solicitation or general advertising in offering and selling securities pursuant to Rule 506, provided that all purchasers of the securities are accredited investors and the issuer takes reasonable steps to verify that such purchasers are accredited investors. The amendment to Rule 506 also includes a non-exclusive list of methods that issuers may use to satisfy the verification requirement for purchasers who are natural persons. The amendment to Rule 144A provides that securities may be offered pursuant to Rule 144A to persons other than qualified institutional buyers, provided that the securities are sold only to persons that the seller and any person acting on behalf of the seller reasonably believe are qualified institutional buyers. We are also revising Form D to require issuers to indicate whether they are relying on the provision that permits general solicitation or general advertising in a Rule 506 offering.
This ebook contains:
- The complete text of the Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure