The Securities and Exchange Commission (SEC) on September 26, 2019 voted to adopt a new rule that extends the "test-the-waters" accommodation under the Securities Act of 1933 (Securities Act) to all issuers.1 The new Rule...more
10/9/2019
/ Accredited Investors ,
BDC ,
Corporate Issuers ,
Exemptions ,
Initial Public Offering (IPO) ,
Institutional Investors ,
JOBS Act ,
Publicly-Traded Companies ,
Qualified Institutional Buyers ,
Regulation FD ,
Rule 163B ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Testing-the-Waters Communications
The new EU Prospectus Regulation (the “New Prospectus Regulation”), which entered into force on 20 July 2017 (although many of its provisions take effect on 21 July 2018 and 21 July 2019), aims to facilitate access to capital...more