Law Blog Category: Rule 134

Testing The Waters; Regulation A+ And S-1 Public Offerings – Part 2

Corporate Communications During the Public Offering Process; Avoid Gun Jumping

SEC Issues New Guidance on Use of Twitter and Other Social Media Communications

Crowdfunding Using Regulation A? Yes, You Can- Right Now!

Regulation A – An Exemption By Any Other Name Is A Short Form Registration

May 12, 2010 in Regulation A, Rule 134, Rule 504

Although Regulation A is legally an exemption from the registration requirements contained in Section 5 of the Securities Act of 1933, as a practical matter it is more analogous to registration than any other exemption. In particular, Regulation A provides for the filing of an offering prospectus which closely resembles a registration statement, with the Securities and Exchange Commission (“SEC”). The SEC then can, and often does, comment on the filing. Practitioners often refer to Regulation A as a short form registration.