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Category: News Releases

SEC Proposes Amendments to Allow Advertising and General Solicitations in Private Placements and Rule 144A Offerings

Mon 24 September 2012 News Releases

Summary: The SEC has proposed to amend Securities Act Rule 506’s private placement safe harbor to add Rule 506(c). The proposed rule would permit a second class of offering, where general solicitations and advertisements would be allowed provided that all of the purchasers were accredited investors, as defined in Rule […]