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While you were Quarantining – the Private Offering Regulatory Framework Gets a Makeover – What's New and What you Need to Know. | Rosenberg Martin Greenberg LLP


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On March 15, 2021, at long last, the Securities and Exchange Commission (“SEC”)’s proposed amendments to the private offering rules (a process which began in June 2019 via a concept release) are anticipated to go into effect.[1] Their goal? To (i) harmonize, simplify, and improve the existing framework; (ii) promote capital formation; (iii) expand investment opportunities for entrepreneurs and emerging businesses; and (iv) promote growth for companies of all sizes.[2] The revised framework also endeavors to expand the pool of potential investors eligible to participate in private offerings while also preserving and improving investor protections.[3] In addition, effective December 8, 2020, new categories of qualifying natural persons and entities were added to the definition of “accredited investor.”[4] ....

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Find Out What 13 Alabama Counties Were Declared Hurricane Zeta Disaster Areas


Alabama News
Commissioner of Agriculture and Industries Rick Pate announces that U.S. Department of Agriculture (USDA) has designated 13 Alabama counties as primary disaster areas, due to damage and losses caused by Hurricane Zeta that occurred from October 28 through October 29.
USDA reviewed the Loss Assessment Reports and determined that there were sufficient production losses to warrant a Secretarial natural disaster designation. In accordance with section 321(a) of the Consolidated Farm and Rural Development Act, additional areas of Alabama and adjacent states also have been named as contiguous disaster counties.
A Secretarial disaster designation makes farm operators in primary counties and those counties contiguous to such primary counties eligible for certain assistance from the Farm Service Agency (FSA), provided eligibility requirements are met. This assistance includes FSA emergency loans https://www.fsa.usda.gov/ ....

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