Rule amendments harmonize registration exemptions, eliminating complexity and facilitating access to capital and investment while preserving or enhancing important investor protections Washington D.C., Nov. 2, 2020 —The Securities and Exchange Commission today voted to amend its rules in order to…
The Securities and Exchange Commission adopted amendments to the “accredited investor” definition as of August 26, 2020. The accredited investors definition is one of the principal tests for determining who is eligible to participate in our private capital markets. Historically,…
Written by the SEC’s Office of Investor Education and Advocacy. What are BDCs? BDCs are a type of closed-end investment fund. They are a way for retail investors to invest money in small and medium-sized private companies and, to a…
Written by the SEC’s Office of Investor Education and Advocacy (OIEA). You may have heard the term SPAC recently referred to in the financial or other news. This bulletin provides a brief overview for investors of important concepts when…