As required by the JOBS Act, the SEC today adopted new rules that update and expand Regulation A, an existing exemption from registration for smaller issuers of securities. The updated exemption, commonly referred to as “Regulation A+,” will enable smaller companies to offer and sell up to $50 million of securities in a 12-month period, subject to eligibility, disclosure and reporting requirements. The final rule can be found here: http://www.sec.gov/rules/final/2015/33-9741.pdf.
