SEC Issues Guidance on Rule 147 Intrastate Offerings & Crowdfunding l Brenda Hamilton Attorney

On April 10, 2014, the Securities and Exchange Commission (the “SEC”) issued a revised compliance and disclosure interpretation (“C&DIs”) and provided two new questions concerning  crowdfunding under the JOBS Act and the intrastate exemption provided by Rule 147 under the Securities Act of 1933, as amended (the “Securities Act”). Section 3(a)(11) of the Securities Act provides an exemption from the... Read More
http://www.securitieslawyer101.com/intrastate-offerings/