“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/
(Visited 34 times, 1 visits today)
Related posts:
No More Solyndras? Not Quite
Pepe Escobar: El comandante has left the building
Cops held liable in SWAT killing of unarmed man; city blames jurors' racial bias
Bernanke Hates This Fed Candidate
The Pantheon
Shock: Reuters Compares Madoff Scam to Street Practices
Judge Napolitano on Presidential Executive Orders
Bill Bonner: Why the Crowd Is About to Get Destroyed in US Stocks
Jacob Hornberger: Permanently Lay Off the Parasitic Sector
Doug Casey on the Fiscal Cliff
More Dark Side From The Empire
US Spy Chiefs Reverse Course on Phone Spying -- But Just For Huawei
Patrick Buchanan: America Says ‘No!’ to a Beltway War
Ron Paul: "People Are Waking Up"
Ta-ta UK freedoms! Miranda matter outs vindictiveness of wounded police state