, «what kind of guidance should my group be providing to entrepreneurs, startups, accelerators / incubators, colleges and universities
about General Solicitation and Reg D / Form D?»
Not exact matches
Related: What Entrepreneurs Need to Know
About the Historic Change in
General Solicitation Law That Goes Into Effect Sept. 23
«To be clear,» Eakin said, «lifting the ban on
general solicitation is not
about funding the next high - tech company in Silicon Valley.
If you are thinking
about raising funding through the new 506 (c)
general -
solicitation rule, make sure you first consult with a securities attorney.
Yesterday, I wrote
about the Securities and Exchange Commission's vote to lift the ban on
general solicitation, an 80 - year - old rule that prevented entrepreneurs from speaking publicly
about raising funds for their businesses.
We've written
about and discussed
general solicitation for a number of years now on this blog.
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.
In addition to the
general solicitation rules, the JOBS Act eased the rules
about Exchange Act registration for companies with more than a certain number of shareholders of record.
Provide «
general» information
about listed properties such as location, availability, and address (without any
solicitation on behalf of the assistant).