On March 25, 2015, the SEC adopted changes that are intended to expand and modernize Regulation A under the U.S. Securities Act of 1933, as amended, as required by Title IV of the JOBS Act. The changes to Regulation A, now informally by practitioners as Regulation A+, will be effective 60 days after publication of the final rule amendments in the Federal Register. The final changes to Regulation A largely reflect the changes originally proposed by the SEC on December 18, 2013, but the final changes also include a number of new amendments derived from the feedback received by the SEC during the public comment period following the 2013 proposal. |
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