The wait is OVER! On September 23, 2013, the relaxation of the restrictions on general solicitation and advertising in certain Reg D private placements, as required by the 2012 JOBS Act, will go effective under regulations adopted by the SEC on July 10, 2013. At the same meeting, the SEC finalized the "bad actor" disqualification rules for most private placements, as required by the 2010 Dodd-Frank Act. These rules are real game-changers that will impact the form and content of nearly all future private placements, including fundraising by corporations, partnerships, hedge funds, private equity funds and other investment vehicles. These rules are expected to increase compliance burdens and even impact hiring practices.
The SEC has also proposed important transaction and advertising filing requirements and an unprecedented one-year ban for non-compliance. What does that mean for you? Your adviser? Your fund? Your competitors? Your chief compliance officer...?
Your host, Pepper partner Gregory J. Nowak, along with Pepper attorneys Edward T. Dartley and Brian Korn will lead a discussion of the new rules.
If you've attended previous roundtables, you know these are don't-miss events. Make sure to spread the word to your colleagues.
Beer, wine and hors d'oeuvres will be served.
This seminar is approved for 1 substantive CLE credit in Pennsylvania. Attorneys licensed in New Jersey may claim credit for this program under New Jersey's reciprocity policy.
Pepper Hamilton LLP
301 Carnegie Center
Princeton, NJ 08543-5276
Contact Kim MacAlister at firstname.lastname@example.org or 215.981.4249 with any questions.