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SEC’s New Concept Release on Foreign Private Issuer Standards

On June 4, the US Securities and Exchange Commission (SEC) published a concept release soliciting public comment on potential amendments to the definition of foreign private issuer (FPI) under US securities laws....more

SEC No Action Letter Guidance Streamlines Rule 506(c) Accredited Investor Verification

On March 12, the US Securities and Exchange Commission (SEC), via a No Action Letter, issued interpretive guidance clarifying what constitutes “reasonable steps” issuers can take to verify purchasers’ accredited investor...more

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