Rule 254

0.01 sec.

Rule 254

A section of the Securities Act of 1933 governing solicitations of interest in a new issue. Among other provisions, the rule allows companies to advertise a potential new issue via written communications or over radio or television, provided it is made clear that the advertisement is only a solicitation of interest and not an offering. As such, the company is not allowed to ask for or accept money when it is in this stage of a new issue.

Rule 254

An SEC rule that established simplified registration requirements for issuers selling relatively small amounts of a security.

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