Rule 506(c) and the SEC’s Proposed Rule Changes Under the JOBS Act


Tuesday, November 26, 2013



Edward T. Dartley and Gregory J. Nowak, Pepper Hamilton LLP




noon-1 pm

CLE Credits:

1 hr

Event Type:

One of the SEC's most significant rule changes is an effort to give teeth to the Form D filing requirements. The proposal would increase the stakes dramatically so ensuring compliance will be vital.

As much as the elimination of the ban on general solicitation of private placements through the passage of Rule 506(c) creates significant opportunities for private issuers, the SEC has also proposed a series of rule changes that will, if passed, increase disclosure requirements and impose new consequences for failure to follow the new rules. While these proposals, if adopted, should not dampen enthusiasm over the doors that new Rule 506(c) will open, you just need to look carefully as you cross the threshold.