Fund manager clients will be happy, as this is about to completely change the way they attain capital.
(PRWEB) August 02, 2013
Level 4 Funding has begun adjusting to the recent SEC ruling for mortgage pools, which ends the ban on general solicitation. This means a new spin on basic rules for the companies and funds of private capital markets.
In an SEC commissioners vote 4 to 1, the band on general solicitation was lifted and now, under Rule 506, issuers can use general solicitation and general advertising of their securities- but only if the issuer who wants to advertise has taken the newly implemented steps to verify that they are accredited investors.
Dennis Dahlberg explains that, “Once this new rule takes effect, private funds and companies raising private capital will be making the effort to solicit accredited investors not just locally, but across the country, whereas they couldn’t before, through marketing strategies that prior to this ruling, hadn’t been available.” Dahlberg promises that Fund Manager clients will be happy, as this is about to completely change the way they attain capital.
Level 4 Funding brings together licensed mortgage broker Dennis Dahlberg and his extensive 40 years of experience in residential real estate and Arizona Licensed Real Estate Agent, Mark Gowlovech, who, as a recruiter, was responsible for $600,000 in annual sales.
For more information on what Level 4 Funding can do for you, go to http://www.level4funding.com/ or call 623-582-4444.