Description: H.Amdt. 977 — 112th Congress (2011-2012)All Information (Except Text)

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)

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