On November 2, the SEC adopted a series of amendments that will significantly change existing rules governing (1) the integration of offerings, (2) offering/investment limits, (3) communication limitations and (4) eligibility for Regulation Crowdfunding and Regulation A. The amendments will also make various changes that will improve access to offerings under Regulation D, Regulation A and Regulation Crowdfunding. A chart summarizing the amendments is included in the SEC press release and fact sheet, which was released along with the amendments. The amendments will be effective 60 days after publication in the Federal Register, which will likely result in the amendments becoming effective in early February of 2021. The amendments will be discussed in more detail in an upcoming Goodwin client alert.
Blog FinReg + Policy Watch November 04, 2020