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The Securities Edge Securities Blog for Middle-Market Companies

Monthly Archives: April 2014

Don't cross the border!: Intrastate offering exemption still not useful despite new interpretations

Posted in Capital Raising

Last week, the SEC issued three new interpretations related to the so-called “intrastate offering exemption,” which is a registration exemption that facilitates the financing of local business operations.  An intrastate offering is exempt because it does not involve interstate commerce, and is therefore, outside the scope of the Securities Act. We have received a few… Continue Reading

Don’t cross the border!: Intrastate offering exemption still not useful despite new interpretations

Posted in Capital Raising

Last week, the SEC issued three new interpretations related to the so-called “intrastate offering exemption,” which is a registration exemption that facilitates the financing of local business operations.  An intrastate offering is exempt because it does not involve interstate commerce, and is therefore, outside the scope of the Securities Act. We have received a few… Continue Reading