One mandated component of taking advantage of these registration exemptions is that the startup needs to file a Form D with the SEC. The Form D is free to file and relatively simple, requiring basic information such as the amount of capital fundraised and who the investors were in the round. It’s required to be filed 15 days after the first sale of securities, and, conveniently, the form preempts most state securities laws so that startups don’t have to file in state jurisdictions.
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Виктория Кондратьева (Редактор отдела «Мир»)，推荐阅读谷歌浏览器下载获取更多信息
The action that was taken, we weren’t consulted on it. There was not a process, a broader process for it. It would appear, prima facie … to be inconsistent with international law.