The United States Securities and Exchange Commission voted to amend a set of rules to simplify and improve the "overly complex" procedures for exempt securities offerings.
According to an announcement Monday from the SEC, the proposed changes aim to "harmonize, simplify, and improve" the existing "overly complex" framework to make it easier for companies to conduct offerings while still protecting investors. The regulatory body stated that the amendments would "address gaps and complexities" in the current exempt-offering framework, facilitating access to investment opportunities for investors and to capital for securities issuers.
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