Regulation A+: What Do We Know So Far?

​Anzhela Knyazeva

Abstract:

The Commission amended Regulation A, an exemption from securities registration, as ​part of implementing the JOBS Act.  These amendments (Regulation A+) became effective on June 19, 2015.  ​This paper examines offering activity in the Regulation A+ market during June 2015-October 2016 and provides preliminary evidence on the impact of the 2015 amendments.