An amendment numbered 10 printed in House Report 112-409 to clarify that general advertising under this provision should only apply to Regulation D rule 506 offerings, allow for general solicitation in the secondary sale of these securities so long as only qualified institutional buyers purchase the securities, and provide consistency in interpretation that general advertising should not cause these offerings to be considered public offerings.

passedUnited States· United States Congress· EN

Introduced

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Last action

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Status

On agreeing to the McCarthy (CA) amendment (A010) Agreed to by voice vote.

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Official amendment HAMDT 977 (112th) from United States at United States Congress. Status: On agreeing to the McCarthy (CA) amendment (A010) Agreed to by voice vote..

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amends → Jumpstart Our Business Startups

Sources

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Official source: https://www.congress.gov/amendment/112th-congress/hamdt-977
Open data entity: https://api.congress.gov/v3/amendment/112/hamdt/977
us · 112-hamdt-977 · source updated 25 February 2022