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JOBS Act

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SEC approves general solicitation for funds and Rule 144A securities

11th July 2013

Yesterday, the U.S. Securities and Exchange Commission (SEC) enacted a rule as part of the Jumpstart Our Business Startups Act, or JOBS Act, which lifts the ban on general solicitation and marketing for investment funds and Rule 144A securities offerings. The change means that these once private offerings can now be broadly marketed as long […]

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