SEC Proposes Improvements to Private Offering Exemptions

Alongside its ongoing efforts to make public offerings more attractive, the SEC has proposed a number of changes that would also make exempt (or private) offerings easier. If adopted, the proposed amendments would make the following changes, among others:   Allow companies to raise capital more quickly by shortening the “integration" safe harbor period from six months to 30 days; Loosen communications restrictions about or during offerings by: Establishing a new ge