On January 25, 2011, the Securities and Exchange Commission proposed a revised net worth standard as required under the Dodd-Frank Street Reform and Consumer Protection Act in Securities Act Release Number 9177. The SEC has requested comments by March 11, 2011. The link above is a summary of the important proposals of the SEC’s Release 9177, in particular the proposed amendment to the definition of accredited investor. For a summary of the release, please go to our resources section of the website. For the full text, please visit the Securities and Exchange Commission’s site.
SEC’s Whistleblower Program is Officially Launched ( 15 Aug,2011 )
SEC Proposes Rule Amendments to Allow General Solicitation and General Advertising in Rule 506 Offerings ( 30 Aug,2012 )