Exemptions, Rule 701

SEC Proposes to Expand Private Offerings

Cozen O'Connor on 3/12/2020

On March 4, 2020, the Securities and Exchange Commission (SEC) proposed broad changes to the current private offering framework. Recognizing the growing market for private investments, this is the latest in a series of recent...more

Gig Stock: Extension of Rule 701 Exemption for Compensatory Equity Proposed for Gig Economy Participants

Farrell Fritz, P.C. on 9/26/2018

Private companies in the gig economy like Uber, Airbnb and GrubHub would love to issue compensatory equity to their platform participants, just like they’re able to do with their employees. ...more

SEC Raises Threshold for Additional Disclosures Under Rule 701

Stinson - Corporate & Securities Law Blog on 7/19/2018

Rule 701 under the Securities Act of 1933 provides an exemption from registration for securities issued by non-reporting companies pursuant to compensatory arrangements. ...more

SEC's Latest Guidance Clarifies Rule 701 Disclosure Delivery Requirements

Fenwick & West LLP on 11/8/2017

The U.S. Securities and Exchange Commission (SEC) on November 6, 2017, clarified the requirements for delivering financial and other disclosures to employees and other service providers receiving options and other equity...more

Senate Passes Increase to Rule 701 Limit

Orrick, Herrington & Sutcliffe LLP on 9/19/2017

On September 12, 2017, the Senate passed the Encouraging Employee Ownership Act of 2017 (H.R. 1343) which directs the SEC to revise Rule 701 of the Securities Act of 1933 (the "Securities Act") to increase the threshold that...more

Exemptions › Rule 701

SEC Proposes to Expand Private Offerings

Gig Stock: Extension of Rule 701 Exemption for Compensatory Equity Proposed for Gig Economy Participants

SEC Raises Threshold for Additional Disclosures Under Rule 701

SEC's Latest Guidance Clarifies Rule 701 Disclosure Delivery Requirements

Senate Passes Increase to Rule 701 Limit

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