Alerts

SEC Mandates Electronic Filing of Form D After Initial Transition Period

November 5, 2008

The Securities and Exchange Commission (the “SEC”) adopted rule amendments mandating the electronic filing of Form D after an initial transition period. Form D is required to be filed by companies relying on Regulation D, which permits the sale of securities by an issuer of such securities without registration under the Securities Act of 1933, and is currently filed on paper with the SEC. A Form D must be filed within 15 days after the first sale of securities in an offering relying on Regulation D. Hedge and private equity funds generally rely on Regulation D in connection with the sale of interests in their funds to investors.