SEC Adopts Final Rules and Solicits Public Comments on Ways to Modernize Offerings Pursuant to Compensatory Arrangements

Orrick - Finance 20/20
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On July 18, 2018, the SEC issued final rules to amend Rule 701, increasing from $5 million to $10 million the threshold in excess of which the issuer is required to deliver additional disclosures to investors. Release.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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