September 23, 2013: General Solicitation and Bad Actor Rule Changes Take Effect | Practical Law
September 23, 2013 is the effective date for SEC rule changes that permit general solicitation and general advertising in certain securities offerings under Rule 506 of Regulation D and Rule 144A of the Securities Act, and that disqualify securities offerings involving felons and other bad actors from relying on Rule 506 of Regulation D. Practical Law Corporate & Securities has published new resources and substantially revised existing resources in light of these rule changes.