Key Points - SEC proposes significant changes to the Advisers Act “Advertising Rule” and “Cash Solicitation” Rule. - The proposed definition of “Advertisements” expands the types of ...

A Republican Minnesota state senator was charged Wednesday in both state and federal courts in connection to allegedly soliciting prostitution from a detective posing as a 17-year-old girl.

But now, exempt offerings with general solicitation will be much easier using the verification steps in the Latham letter. That provides a meaningful fix in a number of common situations.