The United States Securities and Exchange Commission has modified some exception rules, making it easier for crypto companies to raise funds. Notably, the rule modifications increase fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings.
Recently, the Securities and Exchange Commission declared that it has modified a couple of rules relating to numerous exceptions. The announcement mentions that among other modifications, the regulator has increased the offering limits for Regulation A, Regulation Crowdfunding, and Rule 504 offerings and has revised specific distinct investment bounds. The modifications will be effective sixty days after publication in the Federal Register.
The Securities and Exchange Commission Commissioner, Hester Peirce mentioned that the commission is increasing the maximum allowable offering amounts for specific exemptions. She added that by increasing the offering limit under second tier of Regulation A from fifty million USD to seventy-five million USD and the Regulation Crowdfunding offering limit from 1.07 USD million to five million USD, the regulator is trying to lessen the costs relative to the amount raised under the aforementioned exemptions.
Peirce concluded that they are adopting targeted enhancements to a regulatory scheme that needlessly delays capital formation and unjustifiably curbs investors’ prospects to take part in monetary development.
The Future is Now Media Group have launched a YouTube show called The Future is Now Digest, hosted by Miguel Francis-Santiago. Together […]
April 30, 2020
PRESS RELEASE — 10,000 participants are expected to join CHAIN2020 in Hong Kong on January 15, which aims to become one of […]
December 27, 2019
Policymakers in Kentucky are looking to levy tax breaks for local virtual asset miners. On Tuesday, Kentucky officials permitted more than a […]
March 5, 2021
The well-known investor picks out Netflix among key corporations as the most expected to put BTC on its balance sheet. Billionaire Tim […]
March 5, 2021