JD Supra5d
SEC No-Action Letter Streamlines Verification Steps for Rule 506(c) Offerings with Sufficiently Large Minimum Investments
A March 12 no-action letter by the U.S. Securities and Exchange Commission (SEC) confirms an interpretation of Rule 506(c) that issuers can satisfy the requirement to take reasonable steps to ...
JD Supra12d
New SEC No-Action Letter Eases Burden on General Solicitations
On March 12, 2025, the staff of the Division of Corporation Finance at the Securities and Exchange Commission (SEC) issued a no-action letter ...