• SEC Proposes Amendments to Rules 506 and 144A to Remove Prohibition on General Solicitation & General Advertising
  • September 12, 2012 | Authors: Asher J. Friend; Alexandra Clark Layfield
  • Law Firms: Jones Walker LLP - New Orleans Office ; Jones Walker LLP - Baton Rouge Office
  • On August 29, 2012, the Securities and Exchange Commission (“SEC”) proposed amendments to Rule 506 of Regulation D and Rule 144A promulgated under the Securities Act of 1933, as amended (the “Securities Act”) to implement Section 201(a) of the Jumpstart Our Business Startups Act (“JOBS Act”).