January 24, 2013
I believe that the proposed rules fulfill Congresss clear directive that issuers be given the ability to communicate freely to attract capital, while obligating them to take steps to ensure that this ability is not used to sell securities to those who are not qualified to participate in such offerings, said SEC Chairman Mary Schapiro.
The Commission will seek public comment on the proposed rules for 30 days. Shortly thereafter, the Commission will review the comments and determine whether to adopt the proposed rules.
Can we get some type of confirmation that we are moving forward here?