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Rajib Chanda Quoted in Ignites on SEC Offering Reform
11.04.20
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Corporate Partner Rajib Chanda was quoted in an Ignites article titled, “Clayton Calls for E-Delivery Expansion.” The article outlined a number of discussion topics from a recent SEC meeting, such as potentially expanding electronic-delivery rules for materials to accommodate market demand. Further, at the meeting, the SEC voted 3 to 2 to amend the offering framework for exempt, private issuances. Rajib noted that while the rule amendments will expand opportunities for retail investors into the private markets space, he does not believe that many investors will substitute mutual funds or other registered fund holdings for private market investments. Instead, the rulemaking may prompt retail investors to substitute direct equity holdings for some private investments, he added.
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