SEC Lifts 506 Ban, Proposes Regs for Private Offerings
By Mari Serebrov
Thursday, July 11, 2013
More than a year after its congressionally set deadline, the SEC voted 4-1 Wednesday to lift the ban on general solicitations for Rules 506 and 144A private offerings one of the key provisions of the Jumpstart Our Business Startups (JOBS) Act.
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