
“The SEC, on the same day it issued the final rules on general solicitation that become effective September 23, issued proposed rules that would substantially complicate the general solicitation process. We don’t know when and if the proposed rules will go into effect, but if they are adopted in the form in which they were proposed, they will substantially change the landscape in an unfavorable way for companies that want to generally solicit. In other words, the proposed rules are a take away, a retrenching of the statutory work that Congress did in the JOBS Act.”
http://www.startuplawblog.com/2013/09/21/media-seeks-answers-to-general-solicitation/
Related posts:
What Happens After the Housing Bubble Reflates?
American Cops Don't Belong in Canada
The Flashpoints of Revolution Here at Home
30 Years After Saddam Hussein, Now U.S. Bombs Kurds To Smithereens
Bill Bonner: A Vicious Collapse in Gold?
Four More Years of Uncertainty
Ron Paul on Bernanke's Criminal Gang
Four More Years of Bush-Obama Foreign Policy, and Maybe Worse
Bill Bonner: How to Invest Like the Swiss
The World Goes to Monetary War
Cyprus: Cause They Can
The Debt Ceiling Battle Is Coming
Bitcoin: Open source money whose time has come
Bitcoin Should Get Ready for an Attack
The Hugely Hypocritical Hillary