New SEC Rules on General Solicitation, Bad Actors and Proposed Form D
Lori Smith, partner in the Private Equity and Venture Capital Group, participated in a webinar presented by the Angel Capital Association. The program covered the SEC rules on general solicitation; particularly how issuers verify their investors are solicited and how issuers must file a number of reports and materials that may reduce capital available for American startups. They also discussed the basics of the rules, what ACA is doing, and common questions asked by investors. Lori was joined by two other attorneys from ACA's Public Policy Advisory Council.
The full webinar and slide deck is available at angelcapitalassociation.org.