NEW YORK, Aug. 16, 2012 /PRNewswire/ -- Get ready to hear a lot more about hedge funds.
On Wednesday August 22, 2012, the U.S. Securities and Exchange Commission will consider rules to eliminate the prohibition against general solicitation and general advertising for hedge funds and related securities offerings:
This SEC rulemaking is expected to be the final step in the implementation of the Jumpstart Our Business Startups ("JOBS") Act signed by President Obama on April 5. The Act will allow hedge funds to have more open and public web sites, increase communications with the media, advertise, conduct direct solicitation and sponsor events.
For a full report on the JOBS Act and its potential impact:
PROFESSIONAL JOURNALISTS SEEKING INTERVIEWS AND COMMENTARY REGARDING THE JOBS ACT FROM HEDGE FUND EXECUTIVES, ATTORNEYS AND MARKETING/COMMUNICATIONS PROFESSIONALS, CONTACT:
SOURCE Walek & Associates