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Follow on Google News | SEC Rule 506(c) means opportunity for Regional Centers and EB-5 DevelopersSEC adopted a final rule under the Jumpstart Our Business Startups (JOBS) Act to lift the ban on general solicitation and general advertising.
By: EB-5 Supermarket The new rule amends Rule 506 of Regulation D of the Securities Act of 1933 by adding a new exemption in Rule 506(c), which permits issuers to use general solicitation and general advertising to offer their securities, provided that: (1) All of the actual purchasers of the securities in the offering fall within one of the categories of "accredited investor" under Rule 501(a) of Regulation D, or the issuer reasonably believes that all of the purchasers fall within one of the accredited investor categories at the time of sale of the securities (2) The issuer takes reasonable steps to verify that all the purchasers in the offering are "accredited investors" With this SEC new rule, regional centers and EB-5 developers are less restricted in advertising and promoting their EB-5 projects. With the loosened marketing restrictions, the new rule provides more opportunities for the EB-5 industry, especially the Regional Centers, to reach target audiences more efficiently and accurately. When proceeding with advertising with these projects, utilization of a professional marketing and advertising agency versed in EB-5 is prudent. EB-5 Supermarket (EB5Supermarket.com (http://www.eb5supermarket.com/ EB-5 Supermarket welcomes inquiries from regional centers and EB-5 developers to learn how to develop a more powerful marketing strategy for the China market. For more information, they can be reached at 630-781-6688 or email at eb5supermarket@ With offices in Chicago, Illinois and Shanghai, Shenzhen and Changsha in China, EB-5 Supermarket (www.EB5Supermarket.com) EB-5 Supermarket (http://www.eb5supermarket.com/) The company can be reached at 630-781-6688 or through email at email at eb5supermarket@ End
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