Rule 144A - Revision history

imported>Doug Williamson: Add link.

2022-07-21T20:06:58Z

Add link.

← Older revision		Revision as of 20:06, 21 July 2022
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	* [[Securities and Exchange Commission ]]		* [[Securities and Exchange Commission ]]
	* [[Regulation D]]		* [[Regulation D]]
			* [[Rule]]
	* [[Rule 2a-7]]		* [[Rule 2a-7]]

	[[Category:Corporate_financial_management]]		[[Category:Corporate_financial_management]]

imported>Doug Williamson: Add link.

2022-02-16T08:56:04Z

Add link.

← Older revision		Revision as of 08:56, 16 February 2022
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	Rule 144A of the US Securities Act of 1933, introduced in 1990.		Rule 144A of the US Securities Act of 1933, introduced in 1990.


	Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.		Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.

	Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.		Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.


	Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.		Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.
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	* [[Securities and Exchange Commission ]]		* [[Securities and Exchange Commission ]]
	* [[Regulation D]]		* [[Regulation D]]
			* [[Rule 2a-7]]

	[[Category:Corporate_financial_management]]		[[Category:Corporate_financial_management]]

imported>Doug Williamson: Add link.

2019-07-17T13:55:35Z

Add link.

← Older revision		Revision as of 13:55, 17 July 2019
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	== See also ==		== See also ==
	* [[Private placement]]		* [[Private placement]]
			* [[Secondary market]]
	* [[Securities and Exchange Commission ]]		* [[Securities and Exchange Commission ]]
	* [[Regulation D]]		* [[Regulation D]]

			[[Category:Corporate_financial_management]]

imported>Doug Williamson: Added Regulation D to see also

2016-03-30T16:04:25Z

Added Regulation D to see also

← Older revision		Revision as of 16:04, 30 March 2016
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	* [[Private placement]]		* [[Private placement]]
	* [[Securities and Exchange Commission ]]		* [[Securities and Exchange Commission ]]
			* [[Regulation D]]

imported>Doug Williamson: Spacing 20/8/13

2013-08-20T14:04:57Z

Spacing 20/8/13

← Older revision		Revision as of 14:04, 20 August 2013
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	''US private placements''.		''US private placements''.

	Rule 144A of the US Securities Act of 1933, introduced in 1990.		Rule 144A of the US Securities Act of 1933, introduced in 1990.

	Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.		Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.

	Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.		Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.

	Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.		Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.

	In a Rule 144A offering, an investment bank or syndicate of investment banks purchases the securities from the issuer and then resells the securities to investors, so technically QIBs participate in the secondary market.		In a Rule 144A offering, an investment bank or syndicate of investment banks purchases the securities from the issuer and then resells the securities to investors, so technically QIBs participate in the secondary market.


	== See also ==		== See also ==
	* [[Private placement]]		* [[Private placement]]
	* [[Securities and Exchange Commission ]]		* [[Securities and Exchange Commission ]]

imported>Administrator: CSV import

2012-10-23T14:20:36Z

CSV import

New page

''US private placements''.
Rule 144A of the US Securities Act of 1933, introduced in 1990.
Rule 144A provides exemption from the onerous (general) requirement for relevant securities to be registered with the US Securities and Exchange Commission.

Under this exemption most securities can be offered for sale in the US to Qualified Institutional Buyers (“QIBs”) who are deemed to be financially sophisticated and in less need of protection from issuers than other investors.
Generally, any type of security is eligible for the Rule 144A exemption, so long as securities of the same class are not traded on any national securities exchange or quotation system.
In a Rule 144A offering, an investment bank or syndicate of investment banks purchases the securities from the issuer and then resells the securities to investors, so technically QIBs participate in the secondary market.

== See also ==
* [[Private placement]]
* [[Securities and Exchange Commission ]]