Partner Roger Steinbeck discussed the implications of recent changes to Regulation A – a key reform under the JOBS Act – for start-up and emerging businesses seeking to raise capital. The Securities and Exchange Commission’s changes, approved in March 2015, allow companies to raise up to $50 million a year. Previously, ‘Reg A’ offerings were capped at $5 million. To stimulate fund-raising, the reforms also exempt companies relying on Reg A from registering with regulators in each state in which prospective investors reside. To read the full article, click here.
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Heath Steinbeck, LLP specializes in business litigation, corporate transactions, and acting as 'outside' general counsel to local and international clients with business interests in Southern California.