Capital Raising in the U.S.: An Analysis of Unregistered Offerings Using the Regulation D Exemption, 2009‐2012
In 2012, we issued a report on capital raising in the U.S. through unregistered offerings, using information extracted from Form D filings received by the U.S. Securities and Exchange Commission since the beginning of 2009 through the first quarter of 2011. In this report we update our analysis through the end of 2012 and provide additional analysis on the types of issuers, investors, and financial intermediaries that participate in such offerings. As with our previous report, the results are intended to inform the Commission about the amount and nature of capital raised through unregistered offerings claiming a Regulation D exemption, and to provide some perspective on the state of competition and potential regulatory burden in capital markets. In particular, we compare the amount of capital raised in reliance on Regulation D to capital raised from registered and other unregistered offering methods. This information may be particularly useful in assessing the potential need for current or future rulemaking activity. This analysis is not intended to inform the Commission about compliance with or enforcement of federal securities laws.
More articles on Securities Alerts and Issues can be found in our Securities Alerts: SEC & FINRA Section
Subscribe for News
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.