Legal News

SEC Extends Comment Period on Regulation D, Form D and Rule 156
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Probably horrified by the mess it has already created in the matter, the U.S. Securities and Exchange Commission has reopened the comment period for amendments to Regulation D, Form D, and Rule 156 under the Securities Act in Release No. 33-9416. However, the SEC claims that commenting has been reopened “In light of the public interest in the proposed amendments …”

The original opening for comments was issued on July 10, 2013, but “the Commission is re-opening the comment period to permit interested persons additional time to analyze and comment on the proposed amendments.”


Comments may be submitted electronically using the Commissions Internet comment form or by emailing the commission or through the Federal eRulemaking Portal.

The amendments which were targeted at permitting small businesses to avail crowdfunding, have come under heavy criticism and the SEC had little option but to stall for time by opening things up for another round of public commenting.

The SEC notice mentions that the amendments are intended to enhance the Commission’s ability to evaluate the development of market practices in Rule 506 offerings and address concerns that may arise in connection with permitting issuers to engage in general solicitation and general advertising under new paragraph (c) of Rule 506.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

The Commission asserts that the proposed amendments to Rule 156 would extend the anti fraud guidance contained in the rule to the sales literature of private funds, amendments to Form D would require an issuer to include additional information about offerings made on the basis of Regulation D, and amendments to Regulation D would require the filing of a Form D in Rule 506 (c) offerings before the issuer engages in general solicitation.

The proposed amendments would also require the filing of a closing amendment to Form D after the rumination of any Rule 506 offering.



Criminal Defense Attorney Position - Experience Required

USA-CA-Los Angeles

Busy criminal defense firm looking for an experienced criminal defense associate who can manage othe...

Apply now

Estate Planning Attorney

USA-CA-Rancho Cucamonga

Job Details Full-time | Part-time$45 - $50 an hour Heather Lynn Law, APC www.heatherlynnlaw...

Apply now

Chief Counsel, Securities and Public Company Matters

USA-NY-New York City

Transfix, named to Forbes’ “Next Billion-Dollar Startups” list, is the leading tra...

Apply now

Immigration Attorney

USA-CA-Los Angeles

Immigration Attorney Job Description El Rescate is a non-profit agency that provides legal immig...

Apply now




Search Now

Liability Defense Attorney

USA-FL-Fort Lauderdale

Ft. Lauderdale office of our client seeks liability defense attorney with 3+ years of insurance defe...

Apply Now

Senior Family Law Associate Attorney


Murrieta office of a BCG Attorney Search Top Ranked Law Firm seeks senior family law associate attor...

Apply Now

Litigation Associate Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks litigation associate attorne...

Apply Now

Most Popular


To Top