SEC Proposes to Eliminate the Prohibition Against General Solicitations in Certain Private Offerings | White & Case LLP International Law Firm, Global Law Practice
SEC Proposes to Eliminate the Prohibition Against General Solicitations in Certain Private Offerings

SEC Proposes to Eliminate the Prohibition Against General Solicitations in Certain Private Offerings

On August 29, 2012, the SEC released proposed amendments that, if enacted, would remove the ban on general solicitation and general advertising in connection with private placements under Rule 506 of Regulation D and Rule 144A under the Securities Act. These new amendments would satisfy the requirement contained in Section 201(a) of the Jumpstart Our Business Startups Act, or the "JOBS Act," that the SEC remove these prohibitions.

Click here to download PDF.

 

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2012 White & Case LLP