August 20, 2013
Allow the company (or a third party like AngelList) to hold the financing materials so the SEC can access them via a permalink URL to an updated set of materials
Only require legends and disclosures when terms are communicated instead of in tweets, public statements, or other time fundraising is more casually mentioned
Drop the 15-day-in-advance before financing rule entirely and use the existing file-after-the-fact system
Dont impose death penalties for noncompliance. Instead, reduce the costs of compliance and keep more Form D information confidential so startups dont have to reveal sensitive information too early