Sentences with phrase «general solicitation law»

What this historic change in general solicitation law really means is that if you are an entrepreneur looking to raise money from investors, you might want to spend some quality time with a lawyer before you go shouting it from the rooftops.

Related: What Entrepreneurs Need to Know About the Historic Change in General Solicitation Law That Goes Into Effect Sept. 23

Not exact matches

That law required the SEC to establish rules eliminating the prohibition on general solicitation and advertising of Regulation D offerings if: sales are limited to accredited investors and the issuer takes reasonable steps to verify that all purchasers are accredited investors.

Today's lifting of the ban on general solicitation, item 201 (a), was one part of a handful of measures included in the Jumpstart Our Business Startups Act, known as the JOBS Act, which was signed into law in April last year.

The lifting of the ban on general solicitation was just one of a handful of measures included in the Jumpstart Our Business Startups Act, or JOBS Act, which was signed into law in April last year.

So when the bill was signed into law in April, lawmakers drafted up a clause, «Title II,» which would lift the ban on «general solicitation» — the legal hurdle that had prevented this sort of crowdfunding in the past.

You acknowledge and agree that SeedInvest does not provide any representation, warranty or assurance that the offering on the Site are made in accordance with securities law, including the exception to the sale of unregistered securities and the prohibition against the general solicitation of unregistered securities.

They are speaking about the way Rule 506 under Reg D was reformed by rulemaking pursuant to the JOBS Act, to permit general solicitation while preserving a Rule 506 exemption that is preemptive of state law, as long as all purchasers are verified to be accredited investors.

Under a law enacted during the Great Depression, companies raising money were prohibited from «general solicitation,» or public advertising, of unregistered securities.

Soliciting loans generally has less rules than seeking investors, but you still want to be aware of all the laws, SEC and state - specific before you do any general solicitation.