Legal
SEC Final Rules on General Solicitation and General Advertising in Rule 506 and Rule 144A Offerings – Withers
On 23 September 2013 the US Securities Exchange Commission (‘SEC’)’s amended Rule 506 of Regulation D and Rule 144A under the US Securities Act 1933 to permit general solicitation and general advertising in transactions, became effective. The Jumpstart Our Business Startups Act 2012 required the SEC to amend its Rule…
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