Sentences with phrase «on general solicitation of»

As you've undoubtedly heard, the SEC voted 4 - 1 on Wednesday to lift the ban on general solicitation of private security offerings to accredited investors.

Not exact matches

In a 4 - 1 decision today, the five commissioners of the Securities and Exchange Commission voted to lift the ban on general solicitation and general advertising of fundraising rounds.

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.

But, given the Security and Exchange Commission's lifting last week of an 80 year ban on «general solicitation,» which prohibited entrepreneurs from publicly discussing private investment offerings, these two archetypal entrepreneurs shed light on the challenges entrepreneurs seeking funds face and how, for some of them, the ban's lifting might be transformative.

With the recent lift on the ban of general solicitation, the SEC also ruled that a third party has to verify that an investor is accredited.

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.

I think that the lifting of the ban on general solicitation is a transformative event for capital - raising.

The concern over how best to protect investors has been especially top of mind in the startup community this week given the 80 - year ban on general solicitation that lifted on Monday.

«With the lifting of the ban on General Solicitation, entrepreneurs like me, and some of you, can focus on running and building the business instead of using that valuable time to raise money.»

Title II of the Jumpstart Our Business Startups Act (JOBS Act), which went into effect today, has lifted the ban on «general solicitation» of investments by companies that rely on a widely used regulatory exemption to issue securities.

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.

In this regard, we do not believe that Section 201 (a) requires the Commission to modify Rule 506 to impose any new requirements on offers and sales of securities that do not involve general solicitation.

On page 18 of the Final Rule Release lifting the ban on general solicitation, the Commission states thaOn page 18 of the Final Rule Release lifting the ban on general solicitation, the Commission states thaon general solicitation, the Commission states that:

Section 201 (a) of the JOBS Act requires the SEC to eliminate the prohibition on using general solicitation under Rule 506 where all purchasers of the securities are accredited investors and the issuer takes reasonable steps to verify that the purchasers are accredited investors.

We've written about and discussed general solicitation for a number of years now on this blog.

To recap, the JOBS Act of 2012 required the SEC, by last summer, to write rules to implement the lifting of the ban on general solicitation in Rule 506 offerings where all purchasers are accredited investors.

With the lifting of the ban on general solicitation, will individual companies be permitted to set up their own JOBS Act Section 201 (c) platforms to offer stock to verified angel investors?

For those of you who don't have an hour to watch our webcast on general solicitation with Jim Fulton at...

General Disclaimer and Release Nothing contained on this website constitutes tax, legal, insurance or investment advice, or the recommendation of or an offer to sell, or the solicitation of an offer to buy or invest in, any investment product, vehicle, service or instrument.

In a 4 - 1 vote today by the U.S. Securities and Exchange Commission (SEC), an amendment has passed to lift the 80 year ban on the general solicitation and advertising of Regulation D («Reg D») offerings which will go into effect in 60 days.

There are several other pertinent restrictions related to this exemption, such as a prohibition on general solicitation and a cap on the number of unaccredited investors allowed in an offering.

(ii) Accredited crowdfunding platforms locked and loaded, ready to attack the startup market the day the ban on general solicitation and advertising is lifted: seedinvest, earlyshares, crowdfunder, wefunder, confidentcrowd, and myriads of others.

Implementation of Title II of the JOBS Act, which lifts the ban on general solicitation and advertising of security offerings, will kickstart this new funding mechanism, allowing companies to efficiently solicit and raise capital from a large (or small) number of accredited investors online.

Title II: «Accredited Crowdfunding» (Estimated Implementation: Q1 2013) Broadly, Title II lifts the ban on general solicitation and advertising of security offerings to accredited investors (high income / net - worth).

Basically, the days of a de facto industry practice of ignoring the Rule 506 prohibition on general solicitation and general advertising are over.

The materials on this website are for general information only and are not intended as an offer to sell or the solicitation of an offer to buy a franchise.

In this video, corporate partner Udi Grofman, co-head of Paul, Weiss's Private Funds Practice Group, explains key points from the SEC's recent guidance on general solicitation and general advertising.

Section 201 (a) of the JOBS Act, required the SEC to eliminate the ban on using general solicitation in connection with the sale of securities (implemented through the creation of Rule 506 (c) under Regulation D), and further to amend Regulation A, to now permit issuers of securities to raise up to $ 50,000,000 from accredited and non-accredited investors.

In a Delivering Alpha segment on CNBC this morning, Second Market CEO Barry Silbert commented on the SEC's revocation of the ban on General Solicitation, or advertising, for certain equity offerings.

Provide «general» information about listed properties such as location, availability, and address (without any solicitation on behalf of the assistant).