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Description

Amendment clarifies that the general advertising provision should only apply to Regulation D, rule 506 of the securities offerings; protects investors by allowing for general advertising in the secondary sale of securities, so long as only qualified institutional buyers purchase the securities; and provides consistency in the interpretation for regulators that general advertising should not cause private offerings to be considered public offerings.

House Amendment Code:

(A010)

House Tally Clerks use this code to manage amendment information.


Actions (2)

Date All Actions
03/07/2012On agreeing to the McCarthy (CA) amendment (A010) Agreed to by voice vote.
03/07/2012Amendment (A010) offered by Mr. McCarthy (CA). (consideration: CR H1260-1261; text: CR H1260)