Archive for September, 2012


SEC Proposes Amendments to Regulation D to Permit General Solicitation in Rule 506 Offerings

Summary. On August 29, 2012, the Securities and Exchange Commission (the “SEC”) proposed amendments to Rule 506 of Regulation D…

California Private Fund Adviser Exemption

Effective August 27, 2012 (the “Effective Date”), the California Commissioner of Corporations (the “Commissioner”) amended its rule exempting private advisers…