Can I Generally Solicit Investors?

Not yet!

As you know, on August 29, 2012, the SEC proposed rules to eliminate the ban on general solicitation in certain securities offerings. Since then the SEC has been receiving comments and suggestions on its proposed rules; you can view them here.

The SEC still needs to review those comments, decide on any revisions and then publish the final rules in the Federal Register.

Until this occurs, you should follow the existing rules; the existing ban on general solicitation remains!

This entry was posted in JOBS Act, Reg D 506, Rule 506(c), Securities Offerings and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s