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The JOBS Act: Word Is Getting Out That The Sec May Be Looking To Stymie General Solicitation | The VC Experts' Buzz | VC Experts

Word is getting out that the general solicitation cake has a firecracker in it.

The "firecracker" is a wholly unexpected SEC release proposing new rules that would grossly undermine the usefulness of the lifting of the ban on general solicitation.

Let's be clear: Last week the SEC did indeed issue final rules, not subject to any further comment but only a 60 day waiting period following publication in the Federal Register.

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