SEC Updates Compliance and Disclosure Interpretations Q&As of General Applicability
The SEC updated its Compliance and Disclosure Interpretations "Questions and Answers of General Applicability". The new additions include Q&As regarding Securities Act Rule 501 ("Definitions and Terms Used in Regulation D"), as well as Rule 506 ("Exemption for Limited Offers and Sales Without Regard to Dollar Amount of Offering").
More specifically, the questions updated or added include 255.48, 255.49, 260.35, 260.36, 260.37, and 260.38.