New York Updates Form D Filing Procedures - Corporate/Commercial Law
Eliminates Certain Form 99 Filings with the Investor Protection Bureau of the Department of Law Background Regulation D under the U.S. Securities Act of 1933, as amended (the "1933 Act"), permits the sale of securities by issuers of those securities without registration under the 1933 Act. 1 An issuer claiming an exemption under Regulation D must electronically file Form D with the U.S. Securities and Exchange Commission (the SEC), thereby notifying the SEC of the Regulation D offering, no later than 15 calendar days after the first sale of securities in the offering. 2 Under Section 18 of t...
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