Crowdfunding on Steroids: General Solicitation under Rule 506(c)

by Douglas Slain

The new Rule 506 changes everything. The SEC has lifted an 80-year ban on general solicitation. Start-ups for the first time can use public advertising to sell private offerings. The new Rule 506 may prove to be the answer to the prayers of star-ups frustrated with existing fund sourcing platforms. But it also has hidden dangers that will cause many issuers to continue to use the "old Rule 506" 506(b)]. Among the new Rule 506 strengths: -The amount...

• Format: Paperback
• Language: English
• ISBN: 1492229172
• ISBN13: 9781492229179
• Release Date: August 2013
• Publisher: Createspace Independent Publishing Platform
• Length: 60 Pages
• Weight: 0.21 lbs.
• Dimensions: 0.1" x 6.0" x 9.0"