Rule 506 of Regulation D is a safe harbor for the private offering exemption of Section 4(2) of the Securities Act. The Rule allows issuers to raise an unlimited amount from accredited investors. Rule 502(b)(1) prescribes no specific form of disclosure in a Rule 506 offering solely to accredited investors. That means it may be ... [ more » ]
As part of the JOBS Act of 2012, Congress passed the Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act (or “Crowdfund Act”). But it won’t be available until the SEC promulgates rules making the provisions operational and clarifying what some of the legislative language means in practice. Here is what we know to ... [ more » ]
I don’t write about technology, but every rule has exceptions. If you haven’t looked at Google Voice (“GV”) yet, check it out and sign up for a number or perhaps you can arrange to have a friend send you an invitation to a free account. GV gives you a local phone number that you give ... [ more » ]
