Crowdfunding on Steroids cover art

Crowdfunding on Steroids

Private Placement Handbook Series 7

Preview
Prime Member Exclusive

3 Months Free

£5.99/mo after 3 months. Cancel monthly.
Get this deal
Offer ends on 15 July 2026 at 11:59 BST.
More purchase options

Crowdfunding on Steroids

By: Douglas Slain
Narrated by: Stuart Deal
Get this deal

£5.99/mo after 3 months. Cancel monthly.

Buy Now for £6.21

Buy Now for £6.21

The new Rule 506 changes everything.

The SEC has lifted an 80-year ban on general solicitation. Start-ups for the first time can use public advertising to sell private offerings. The new Rule 506 may prove to be the answer to the prayers of star-ups frustrated with existing fund sourcing platforms. But it also has hidden dangers that will cause many issuers to continue to use the "old Rule 506" [506(b)].

Among the new Rule 506 strengths:

  • The amount that can be raised is unlimited
  • There is no requirement for review of the offering under any Blue Sky laws (state securities regulations)
  • There is no review of the offering by the SEC
  • Solicitations can be online or offline
  • Solicitations can be made to anyone

©2015 Douglas Slain (P)2015 Douglas Slain
Banks & Banking Personal Finance Banking
adbl_web_anon_alc_button_suppression_c
No reviews yet