Yesterday, the U.S. Securities and Exchange Commission (SEC) adopted a new rule to implement a Jumpstart Our Business Startups (JOBS) Act requirement that would eliminate the ban on general solicitation and general advertising for certain types of private securities offerings. GT Immigration attorney Nataliya Binshteyn published an article on EB5Investors.com outlining its significant impact on…

Tomorrow, July 10th, the Securities and Exchange Commission will hold an Open Meeting at 10:00 a.m. at the SEC Headquarters Auditorium Room L-002 located at 100 F Street NE in Washington, D.C. to discuss the JOBS Act.

Subject matters include:

  • Consideration to adopt amendments to eliminate the prohibition against general solicitation and general

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Late last month, Securities and Exchange Commission (SEC) Chairwoman Mary Schapiro announced to the House Oversight and Government Reform Subcommitte that the SEC was not prepared to meet the July 4 deadline on issuing new rules pursuant to the Jumpstart Our Business Startups (“JOBS Act”).  The JOBS Act provides for an ease in the stringent…