Online Course Catalog
Business Law Skills Series: The SEC's New Rule 506(c): Implications & Risks for Issuers & Investors
Continuing Legal Education
Public advertising and general solicitation has been prohibited in private placement securities offerings since the adoption of the Securities Act of 1933 (the “Act”). However, the recently adopted amendments to Rule 506 of Regulation D of the Act, which were required by the Jumpstart Our Business Startups (JOBS) Act and which will become effective on September 23, 2013, authorize public advertising and general solicitation in private placement securities offerings which are limited to accredited investors. These new final rules raise important unanswered questions for issuers and accredited investors alike (and their respective attorneys), and the SEC also proposed, while adopting the new final rules, additional rules that could also have a significant effect on the securities offering process.
This CLE program on the SEC’s New Rule 506(c) explores how the SEC's amendments to Regulation D, both final and proposed, may change your clients’ capital raising perspectives and alternatives by allowing, for the first time since the adoption of the federal securities laws, public advertising and general solicitation in certain private placement securities offerings. These much anticipated and long overdue rule changes carry many implications and risks for capital formation.
Please NOTE: Plus CLE members who select the free (no credit) registration option will not receive credit for viewing this program. If you wish to receive credit, please select the "Member" registration option.
- Event Code
- Course Length
- 0 hours 52 minutes
- Credit Hours
- 1.00 CLE (General)
- Mr. Eric Goodman, Ice Miller LLP
- Business Law Section
- October 17, 2013
- IndyBar Education Center, 135 N. Pennsylvania, Suite 1500