We now have final General Solicitation (pdf) and Bad Actor (pdf) rules in the Federal Registry. We also have an effective date for the rules, September 23rd. This means that on the 23rd you can start soliciting (consistent with all the applicable rules and regulations). What to do before then? Prepare, decide which B/D, if any, you want to use, make certain all of your materials are correct and accurate (we can help with that), and get excited, because the flag on general solicitation in Regulation D raises is about to drop!
The SEC’s not messing around on Form D filings.
December 23, 2024
On December 20, 2024, the SEC announced enforcement actions against