June 2019

SEC Requests Comments on Overhaul of Private Securities Offering Exemptions

June 24, 2019 | Last week, the Securities and Exchange Commission published a concept release and requested public comment on ways to overhaul and streamline the myriad private offering exemptions from registration that exist under the current securities laws and regulations. The exemptions have been enacted and added onto over a period of more than 85 years, and the concept release notes that “market participants have conveyed concerns about the complexity of the exempt offering framework.” The SEC...