In my latest post I promised to update you on the status of the recent SEC amendments intended to simplify and harmonize the rules allowing the private offering of securities. There was some possibility the amendments might be postponed due to the change in presidential administrations.

This is to inform you that the SEC decided to go forward with the amendments and they have now gone into effect. Therefore the increases in the offering amounts for both Rule 504 and crowdfunding offerings are now in place.

If you missed the previous post or would like a refresher on the SEC’s changes, click here.

Feel free to contact me if you have any questions. Thanks,

Rick

This article is not intended and should not be relied upon as legal or tax advice pertaining to any specific matter. You are encouraged to seek competent legal and tax counsel before proceeding with any transaction involving any of the matters discussed above.