Blog Entries for July 10, 2013

SEC Open Meeting Recap - July 10th, 2013

By Startup Valley, Posted in Equity Crowdfunding

SEC holds an Open Meeting to discuss and vote on the proposed amendments to Rule 506 including lifting the ban on general solicitation, blocking “bad actors” from participating in private markets, and Regulation D Form D.Chairman Mary Jo White recommended the amendments to 506 offerings, as the SEC staff spoke one by one to explain each of their respective sections of the proposed adoption.Commissioners Walter and Aguilar had quite a few comments supporting and opposing the proposed amendments,... read more.