SEC Reg S Rule 901
Rule 901 sets forth the general conditions for the application of Regulation S, and provides that the regulation is intended to provide a safe harbor for offers and sales of securities that occur outside the United States.
The rule clarifies that the terms “offer,” “offer to sell,” “sell,” “sale,” and “offer to buy” are used consistently throughout the regulation.
Disciplinary decisions issued September 29 – October 5, 2023.
Thomas Hyrkiel2 min read