• SEC JOBS Act Implementation
  • September 10, 2012 | Authors: Cyane B. Crump; Daryl B. Robertson; James S. Seevers; William Lake Taylor
  • Law Firms: Hunton & Williams LLP - Richmond Office ; Hunton & Williams LLP - Dallas Office ; Hunton & Williams LLP - Richmond Office
  • On August 29, 2012, the Securities and Exchange Commission (“SEC”) proposed amendments to Rule 506 of Regulation D and Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), as required by Section 201(a) of the Jumpstart Our Business Startups Act (“JOBS Act”). The proposed amendments will permit certain unregistered exempt offerings of securities using general solicitation and general advertising.