SEC Proposes Rule under Dodd-Frank Disqualifying Felons and Bad Actors in Rule 506 Securities Offerings | Practical Law

SEC Proposes Rule under Dodd-Frank Disqualifying Felons and Bad Actors in Rule 506 Securities Offerings | Practical Law

An update on the SEC's proposed rule under the Dodd-Frank Act that would disqualify securities offerings involving felons and other bad actors from reliance on the safe harbor from registration provided by Rule 506 of Regulation D.

SEC Proposes Rule under Dodd-Frank Disqualifying Felons and Bad Actors in Rule 506 Securities Offerings

by PLC Corporate & Securities
Published on 25 May 2011 • USA (National/Federal)
An update on the SEC's proposed rule under the Dodd-Frank Act that would disqualify securities offerings involving felons and other bad actors from reliance on the safe harbor from registration provided by Rule 506 of Regulation D.