by Bennett Yankowitz | Nov 2, 2013 | Crowdfunding
On October 23, 2013, the SEC issued a press release announcing its long awaited equity crowdfunding rules. The proposed rules were released a few days later, and are now open for a three-month comment period. Assuming revised rules are published after comments are...
by Bennett Yankowitz | Oct 30, 2013 | Crowdfunding
The Jumpstart Our Business Startups Act (the JOBS ACT) has made it easier for companies to use websites and web portals to raise capital through the sale of stock or other forms of equity over the Internet. Two distinct methods for capital raising are made available...
by Bennett Yankowitz | Jul 22, 2013 | Raising Capital
On July 10, 2013, the Securities and Exchange Commission (SEC) adopted final rules amending Rule 506 of Regulation D under the Securities Act of 1933 (Securities Act) permitting issuers to engage in general advertising and general solicitation in Rule 506 offerings...
by Bennett Yankowitz | Jul 5, 2013 | Raising Capital
In a previous article on General Solicitation under the JOBS Act, I discussed the groundbreaking changes mandated by Section 201 of the Jumpstart Our Business Startups (JOBS) Act, passed by Congress and signed by President Obama in April 2012. Traditionally, a key...
by Bennett Yankowitz | Jun 26, 2013 | Raising Capital
A previous article in this series contained an overview of the private placement exemptions under Regulation D of the Securities and Exchange Commission (SEC), including such key concepts as accredited investors and integration of separate offerings. It also listed...