Sell Your Company in 120 Days!

The Blog of The M&A Marketplace by cHc


Huxley Nixon - Thursday, July 12, 2012

Chris Manderson, Esq., writer for PEHub who has actively followed the JOBS Act is an excellent resource for current information if this topic is of interest. He reports the SEC misses rule making deadline, but "the Wheels Are in Motion" according to SEC Chair Mary Shapiro.  She recently told Congress it was "not feasible" to meet the JOBS Act's 90-day deadline for the implementation of changes to Securities Act Rule 506 to permit general solicitation in private placements to accredited investors.   


On this key component of the Act to make it easier for early stage companies to get funding "Schapiro had little to say about the JOBS Act’s creation of a new exemption from registration under Section 5 of the Securities Act...... She noted that the SEC has 270 days under the JOBS Act to implement the new crowdfunding exemption."

According to Manderson, "Schapiro in the past has revealed skepticism about crowdfunding, stating that it would weaken investor protection and be “a step backwards,” so it is not surprising that her testimony hinted at significant..."  Read more…


DISCLAIMER:  Opinions and conclusions in this post are solely those of the author unless otherwise indicated.  This article is for general information purposes and is not intended to be and should not be taken as advice on any particular matter nor is it intended to be a solicitation regarding any securities transaction and or investment relationship.  For those desiring additional information please visit our website

RSS Subscribe to this blog via RSS. Click here to learn more about RSS Feeds.

Social Media

Visit our Facebook Business Page

Like our website?  Like us on Facebook!

Like this page? Share it with others!

Potential Buyers....

The M&A MARKETPLACE by cHc provides access to family business owners that never appear on the radarscope of the general M&A landscape.


Busines Owners....

If you are considering selling your company, but are not comfortable in hiring a professional intermediary such as an investment banker or business broker to represent you – the M&A MARKETPLACE by cHc can HELP.