Chicago partner David Kaufman will present “SEC Repeal of General Solicitation Rules: Implications for Issuers, Accredited Investors and Qualified Institutional Buyers,” a West LegalEdcenter® webinar on Friday, Aug. 23, from 10 to 11 a.m. CST.
Subscribers of West LegalEdcenter have complimentary access. Those who do not can use promo code “THOMCOB823” for a 25 percent discount off the registration fee.
The program will address the SEC’s historic move to make private placements less "private" by adopting final rules allowing general solicitation and general advertising in private placements. Issuers can offer the securities to anyone, through any medium, including the Internet or any social media, even if they do not qualify as an accredited investor, so long as only accredited investors actually purchase the securities. These much anticipated and long-overdue rule changes carry many implications for capital formation. The webcast will address the ten most notable implications to ponder, including, but not limited to: