At Practising Law Institute’s session, “The S.E.C. Speaks,” Commissioner Troy A. Paredes commented on the increased complexity of mandatory disclosures, and the increased quantity of disclosures. Paredes noted that, “The information overload concern is that investors will have so much information available to them that they will sometimes be unable to distinguish what is important… Continue Reading
Tag Archives: financial literacy
If a Tree Falls in the Forest….
Posted in Rule 506 RulemakingOver the last few weeks, many commentators have written about the potential for widespread fraud and abuse in connection with Rule 506 offerings in which general solicitation is used. Some of these commentators have noted that if general solicitation is permitted, additional safeguards should be implemented in order to protect accredited investors. The argument seems… Continue Reading