Perspective
Jul. 13, 2013
Hedge fund ad ban relaxed, what to expect
Will lifting the ban on general solicitation mean we'll suddenly be inundated with ads for hedge fund investments? Not likely. By Kristy Wiehe
Federal regulators recently announced the first of what could be many sweeping changes to the accessibility to capital by the business community. For 80 years, a general solicitation ban has been in place limiting the ways in which hedge funds, venture capitalists and startups could raise money, relying on word-of-mouth and private communication to generate interest in their investment opportunities. The changes set forth in rules adopted by the S...
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