The SEC has posted the following releases for the rulemaking approved at today's Open Meeting
Adopting Releases:
- Disqualification of Felons and Other "Bad Actors" from Rule 506 Offerings
- Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings
Proposing Release:
Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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