SEC Expands Investor Pool for Private Offerings
Under a new test, financially sophisticated investors will be able to participate in private placements even if they do not meet wealth thresholds.
JOBS Act Confined by Limited Reach
For most companies, Titles II and III of the JOBS Act won't be of much aid in raising substantial capital or attracting investors.
SEC Official: ‘Millionaires Can Fend for Themselves’
Should the SEC update the definition of 'accredited investor?' Commissioner Dan Gallagher says the effort is unnecessary and is straining SEC resources.
SEC Panel Urges Update of ‘Accredited Investor’ Standard
Income and net worth minimums may not be the best way to determine if an investor has the ability to make an informed investment decision.
Per JOBS Act, Small Firms Raise Funding on Their Websites
A new plug-in makes it easy for them to take advantage of the Act's general solicitation rule.