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:
Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you (an â€˜engagement letterâ€™).
By clicking the â€˜ACCEPTâ€™ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and, further, even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you. Please click the â€˜ACCEPTâ€™ button if you understand and accept the foregoing statement and wish to proceed.