Friday, September 6, 2013

CityBizList Article on New Rule 506

One of the biggest changes ever in the world of private placements is coming September 23, 2013.  That's when the SEC's new Rule 506 becomes effective, permitting "general solicitation" in connection with private placements in which the purchasers are exclusively "verified" accredited investors.

I wrote an article for CityBizList - Dallas about this topic.  The article is available here.

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