SEC Issues "Get Off my Back Already" Notice

News Brief

By Cydney Posner

The SEC has announced that, at an open meeting scheduled for Wednesday, August 22, 2012 – August 22 -- it will take up adoption of the Dodd-Frank specialized disclosure requirements related to conflict minerals and payments to governments made by resource extraction issuers.  (Usually, the SEC gives notice no more than a week in advance, so they must be feeling the heat ….

At the same meeting, the SEC will consider rules to eliminate the prohibition against general solicitation and general advertising in securities offerings conducted pursuant to Rule 506 of Reg D and Rule 144A, as mandated by the JOBS Act.

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