Beginning March 16, 2009:
the SEC will require all companies
or funds filing a Form D notice or
an amendment to submit the form
electronically.
About Form D:
Form D
serves as the official notice
required to be filed by companies,
both public and private, and funds
that have sold securities without
registration under the Securities
Act of 1933 in an offering based on
a
claim of exemption
under Rule 504, 505 or 506 of
Regulation D or Section 4(6) of that
statute.
The notice
must be filed within 15 days
after the first sale of securities
in the offering based on the
exemption. For this purpose, the
date of first sale is the date on
which the first investor is
irrevocably contractually committed
to invest. If the due date falls on
a Saturday, Sunday or holiday, it is
moved to the next business day.
 Chairman
Schapiro's Remarks
SEC Chairman Mary Schapiro
addressed PLI's "SEC Speaks in 2009"
conference and outlined a framework
for restoring investor confidence.
Disclaimer.
Terms of
Service. Last updated: 03/05/2009
© 2003 Stoecklein Law Group. All rights reserved.
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