This article looks at certain details which will need to be addressed as the SEC eases Regulation D's ban on "general solicitation" (as was mandated by the JOBS Act) and concludes that there are many questions remaining about how the JOBS Act's mandate will change startup financing. Many of these questions will be addressed by the rules ultimately promulgated by the SEC; however, the fact that these questions exist demonstrates how much work is to be done to implement the changes prescribed by the JOBS Act.
- Summary by FizzLaw Team
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Offerings to Accredited Investors: Getting Ready for "General Solicitation"