All Regulation A articles

  • Blog

    SEC expands use of Regulation A exemption


    The SEC has enacted new rules that allow Exchange Act reporting companies to use the Regulation A exemption from registration for their securities offerings. Regulation A provides an exemption from registration for offerings of securities up to $50 million in a 12-month period.

  • Blog

    SEC commissioners argue for increase to monetary cap on Regulation A


    SEC Commissioners Michael Piwowar and Hester Peirce are breaking ranks with their peers over the monetary cap assigned to Regulation A exemptions. They want to boost the offering limit for the under-used exemption from $50 million to $75 million.

  • Blog

    Legislation seeks to extend applicability of SEC's Reg A+


    Keeping with efforts to improve capital formation, the House of Representatives has approved legislation that would extend applicability of the SEC's Regulation A+.

  • Article

    As Startups Grow, Many Start Needing Compliance Sooner


    Once upon a time, start-up companies—whether toiling away in a garage somewhere or moving their way up in the world—rarely even considered a compliance program; that was something they would only need in the future. Now many find that the future comes mighty fast these days. Inside, a closer look ...

  • Blog

    New CD&Is Address Expansion of Regulation A


    The Securities and Exchange Commission’s Division of Corporation Finance has issued 11 new Compliance and Disclosure Interpretations to offer guidance on Regulation A changes that went into effect on June 19. They address such matters as the use of social media for “testing the waters” communications, what a “principal place ...

  • Blog

    States Sue to Stop SEC’s Regulation A+


    In petitions filed with the U.S. Court of Appeals for the District of Columbia, officials in Massachusetts and Montana, concerned by the diminished role of state securities regulators, are asking the court to vacate the Securities and Exchange Commission’s expansion of the Regulation A exemption ahead of its June 9 ...

  • Blog

    SEC Adopts Regulation A+, Including State Preemption


    Image: The SEC has adopted new rules that expand the Regulation A registration exemption. It enables smaller companies to offer and sell up to $50 million of securities in a 12-month period without registering with state-level securities regulators in certain situations. Massachusetts Secretary of State William Galvin expressed dismay for ...

  • Article

    Momentum Grows for Small Companies & Capital Markets


    The SEC is exploring new ways to fulfill its mission to facilitate capital formation for small- and medium-sized companies. While uncertainty still surrounds capital formation efforts included in the JOBS Act, momentum is growing to revisit the SEC’s traditional definition of an accredited investor, and to create new “venture exchanges” ...