Meanings of general solicitation in English

The general solicitation rule has so far generated the most controversy.

The commission is now slated to discuss the so-called general solicitation rules at a meeting Aug. 29.

It's not certain Schapiro will even put forward the full text of the proposed general solicitation rules Wednesday.

He said his company has already developed a general solicitation product that will help issuers handle the regulatory requirements.

Wednesday's proposal would require any firm using general advertising to file disclosure forms 15 days prior to the general solicitation.

SEC rules on what constitutes a " general solicitation" for investors, banned for private placements, is also under scrutiny.

In addition, Cross said the SEC is thinking about soliciting input from the public about potential changes to general solicitation rules.

Another big question is how quickly the SEC will propose to lift the ban on general solicitation and implement its new rules.

The back story of what happened with the general solicitation rule at the SEC was still fresh in many Republicans' minds on Thursday.

However, lifting the 80-year old ban on general solicitation in certain private securities offerings only took effect after the SEC completed the new regulations.

Schapiro said on Tuesday that Goldman feared the media attention might run afoul of rules that prohibit general solicitation to investors for private placements.

Despite the tough timeline for the general solicitation rule, Schapiro said that staff has "made significant progress" on a recommendation and economic analysis.

SEC Chairwoman Mary Schapiro said that Goldman feared the media attention might run afoul of rules that prohibit general solicitation to investors for private placements.

In 1992, the SEC exempted from the general solicitation ban companies raising less than $1 million (under Rule 504 of Regulation D).