Regulatory Alerts2020-09-02 | 2020-19468Added
Temporary Amendments to Regulation Crowdfunding; Extension
The Securities and Exchange Commission extends the effective and applicability dates of temporary final rules under Regulation Crowdfunding to support capital formation for small businesses impacted by the COVID-19 pandemic. These amendments, effective from August 31, 2020, through September 1, 2021, allow eligible issuers to expedite offerings by relaxing certain financial statement and timing requirements while maintaining investor protections. The rules apply to securities offerings initiated between May 4, 2020, and February 28, 2021, providing tailored relief to help companies meet urgent funding needs.
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