SEC coming changes on Advertisement and Solicitation

[congregatio]

proposed rule changes would (i) adopt broader definitions of "advertising," "improper behavior" and "solicitor," (ii) impose conditions on the use of hypothetical and performance information in advertisements, (iii) impose additional conditions on the use of solicitors, such that numerous firms may not be eligible to act as solicitors, and (iv) amend certain recordkeeping requirements.

www.govinfo.gov/content/pkg/FR-2019-12-10/pdf/2019-24651.pdf