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Comment on This SEC Ruling – New Exemption for Small Public
Offerings
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The Securities and Exchange
Commission (SEC) has issued a proposed rule to implement
Title IV of the JOBS Act which is intended to increase
access to capital for smaller companies.
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The SEC’s proposal would build upon
Regulation A, which is an existing exemption from
registration for small offerings of securities up to $5
million within a 12-month period.
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The updated exemption would enable companies to offer and
sell up to $50 million of securities within a 12-month
period. |
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This
ruling will impact a large amount of small businesses that
want seek to funding.
Businesses that may be affected are invited to make
comments regarding the proposed rule.
The deadline to make comments is 24 March 2014.
Visit the
comment webpage
to make your comments. |
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Visit
this page to see tips for
submitting effective
comments. |
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By Owen
Daniels
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