SEC's Peirce: Private Offerings Discriminate Geographically

By Tom Zanki ( June 25, 2019, 4:48 PM EDT) -- U.S. Securities and Exchange Commissioner Hester Peirce said Tuesday that existing income and wealth-based rules that specify who can participate in private securities offerings are "geographically discriminatory" because they favor America's coasts, and she encouraged the public to speak out on potential reforms....

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