WEBCAST: SEC Lifting the Ban on General Solicitation and What it Means for You

In “Start-ups Can Now Use General Solicitations to Raise Money,” we blogged about the SEC’s vote to adopt Rule 506(c), which will lift the ban on general solicitations.

Last month, Goodwin Procter partners Jonathan Axelrad, Thomas Beaudoin, Anthony McCusker, Brynn Peltz and Brad Weber joined Annemarie Tierney, EVP Legal and General Counsel at SecondMarket, for a seminar on how the SEC’s recent decision will expand the scope of permitted fundraising activities for start-ups.

We are excited to share with you a video recording of the seminar, as well as a link to the related slide presentation, which discusses those topics covered in our blog post in more detail.

Some sections of particular interest to start-ups are:

  • 02:38 – Overview of the Rule 506(c)
  • 35:42 – The JOBS Act exemption for crowdfunding
  • 39:18 – Disqualification of offerings involving “bad actors”
  • 1:17:08 – Changes to Form D filing requirements
  • 1:50:17 – Methods of verifying accredited investors

= required field