Corporate & Securities Law

By Jim Hamilton

Tennessee Revises Electronic Form D Policy for 505 and 506 Offerings

Tennessee?s electronic Form D policy for Rule 505 and 506 offerings was revised as follows:

For Rule 505 and 506 offerings, issuers? filing in Tennessee a print copy of the electronically filed Form D with the SEC no longer have to include a manual signature or a Form U-2, Uniform
Consent to Service of Process. For Rule 506 offerings, issuers must now include a statement indicating the date the securities were first sold in Tennessee (if a sale takes place).

For more information, please see http://www.state.tn.us/commerce/securities

Full post as published by Jim Hamilton's World of Securities Regulation on May 07, 2010 (boomark / email).