Regulation A-Plus Limited Public Offerings under Securities Act Section 3(b)(2)


Summary

This practice note discusses Regulation A-Plus, which is a moniker for the expanded Regulation A of the Securities Act of 1933, as amended (Securities Act). The maximum permitted offering amount of $75 million during a 12-month period, and a modernized regulatory structure, was established by U.S. Securities and Exchange Commission (SEC) rules pursuant to Section 3(b)(2) (15 USC 77c) of the Securities Act, added by the Jumpstart Our Business Startups Act (the JOBS Act) (112 P.L. 106).