The Securities and Exchange Commission (SEC) ta bayyana tsarin tsarinta na watanni masu zuwa kuma a saman jerin akwai tsare-tsaren keɓancewa waɗanda suka haɗa da Reg D da wataƙila wasu keɓancewa kamar Reg CF da Reg A+. Abin lura, shine ma'anar mai saka hannun jari da aka amince da ita na iya samun canji kuma.
A cikin wata sanarwa da aka buga ranar Juma'a, Shugaban SEC Gary Gensler ne adam wata ya bayyana:
“Don cimma manufarmu ta kare masu saka hannun jari, tabbatar da adalci, tsari, da ingantaccen kasuwanni, da samar da jari, SEC na da ayyuka masu yawa na tsari a gabanmu. Ina fatan hada hannu da ’yan uwana kwamishinoni da ma’aikata masu kwazo don bayar da shawarwari da kuma kammala ka’idojin da za su karfafa kasuwanninmu, da kara nuna gaskiya, da kuma kare masu zuba jari.”
Lissafin ya ƙunshi duka gajeru da ayyuka na dogon lokaci waɗanda hukumomin gudanarwa ke shirin ɗauka.
Abubuwan da aka keɓance za su sami ƙarin bincike. Bisa ga abstract:
“Sashen [na Kudi na Kamfanoni] na tunanin bayar da shawarar cewa Hukumar ta nemi ra’ayin jama’a kan hanyoyin da za a kara sabunta dokokin Hukumar da suka shafi ba da kyauta don inganta ingantaccen kariya ga masu saka hannun jari, gami da sabunta matakan kudi a cikin ma’anar masu saka hannun jari da aka amince da su, tabbatar da samun dama mai dacewa. zuwa da haɓaka bayanan da ke akwai game da ƙayyadaddun ƙa'idodin D, da gyare-gyaren da suka shafi tsarin haɗin kai don yin rijista da sadaukarwa.
Reg D shine babban keɓewar tsaro idan ya zo ga ayyukan farko na haɓaka babban jari. Manyan abubuwan guda biyu sune Reg D 506b da Reg D 506c - tare da na ƙarshe yana ba da izinin neman gabaɗaya ko ƙirƙirar babban birnin kan layi (crowdfunding). Duk wani canje-canjen da aka yi na iya yin tasiri ga samun jari ga kamfanoni masu albarka kamar yadda keɓancewa a cikin haɓakarsa na yanzu ya yi tasiri sosai.
Ma'anar mai saka hannun jari da aka amince da shi ya daɗe yana suka daga masana'antar Fintech da yawa a matsayin mai takurawa, yana hana damar duk masu saka hannun jari. Duk da haka akwai wasu masu tsara manufofin da suka yi imanin cewa ana buƙatar ma'auni na dukiya na yanzu ya zama mai ƙarfi, don haka iyakance damar samun masu zuba jari har ma. Har yanzu dai ba a fayyace ba, menene hakikanin abin da hukumar ta shirya don kawo sauyi.
Wani yanki na ka'ida na bayanin kula shine batun "Gamification" wani abu da wasu dandamali na saka hannun jari na dijital, irin su Robinhood, sun sami zargi da ƙarfafa ciniki - watakila don lalata masu zuba jari.
Abstract yana cewa:
"Rashin (Ciniki da Kasuwanni) yana la'akari da bayar da shawarar cewa Hukumar ta nemi ra'ayoyin jama'a game da yuwuwar dokokin da suka shafi gamification, halayen halayen, ƙididdigar tsinkaya, da tallace-tallace daban."
Kamfanoni na Musamman na Saye na Musamman (SPACs), ko kamfanonin duba marasa tushe, sun yi jerin gwano kamar yadda wannan fannin na kuɗi ya bunƙasa a cikin shekarar da ta gabata. Yayin da SPACs suka ƙaru, duka masu mulki da zaɓaɓɓun jami'ai sun fi mai da hankali sosai kan hanyar ɗaukar kamfanoni masu zaman kansu na jama'a.
SEC ya ce:
"Sashen [na Kuɗi na Kamfanoni] yana tunanin bayar da shawarar cewa Hukumar ta ba da shawarar yin gyare-gyaren ƙa'ida da ke da alaƙa da kamfanonin saye na musamman."
Duk da yake duk wani sakamako na zato ne mai tsafta a wannan lokacin, ci gaban da aka samu a lokacin gwamnatin da ta gabata a fannoni kamar samun jari da inganta tsarin muhallin da ba a keɓe ba na iya zama cikin haɗari. Lokaci zai nuna.
Kwamishinan SEC Hester Peirce, wani mutum da ya shahara da goyon bayanta na ƙirƙira da ƙananan kamfanoni, Tweeted cewa jerin bazai zama "jerin da ya dace ba" amma a shirye take ta yi aiki tare da takwarorinta akan Hukumar.
Ga abin da ke kan tsarin tsarin mu. Ba lallai ba ne in faɗi, ba jerin nawa bane, amma duk da haka ina fatan yin aiki tare da takwarorina don samar da mafi kyawun ƙa'idodi masu yiwuwa: https://t.co/BuXsxkwsg7
- Hester Mai Zamani (@YanaBayani) Yuni 11, 2021
Akwai ƙari da yawa akan tsarin tsarin SEC.
Jerin yana ƙasa ko ana iya shiga nan.
- SEC Prerule Stage Abubuwan Kyauta 3235-AM85
- SEC Prerule Stage Masu Ba da sabis na Uku 3235-AM95
- SEC Prerule Stage Hana Haɗuwa da zamba, magudi, da yaudara a cikin Haɗin Kai Tare da Canza-Tsarin Tsaro 3235-AK77
- SEC Prerule Stage Gaming 3235-AN00
- Matsayin Ƙa'idar Ƙa'idar SEC Ka'idojin Jeri don Farfadowa na Kuskuren Rarraba Kyauta 3235-AK99
- Matsayin Ƙa'idar Ƙa'idar SEC Banbancin Hukumar Kamfanoni 3235-AL91
- Matsayin Ƙa'idar Ƙa'idar SEC Bayyana Biyan Kuɗi ta Masu Bayar da Haɓakar Albarkatu 3235-AM06
- Matsayin Ƙa'idar Ƙa'idar SEC Fayilolin Wutar Lantarki na Wajabta 3235-AM15
- Matsayin Ƙa'idar Ƙa'idar SEC Dokar 10b5-1 3235-AM86
- Matsayin Ƙa'idar Ƙa'idar SEC Bayyana Canjin Yanayi 3235-AM87
- Matsayin Ƙa'idar Ƙa'idar SEC Bayanin Gudanar da Babban Jarida na Dan Adam 3235-AM88
- Matsayin Ƙa'idar Ƙa'idar SEC Gudanar da Hadarin Tsaro ta Intanet 3235-AM89
- Matsayin Ƙa'idar Ƙa'idar SEC Kamfanoni Sayayyar Manufa Na Musamman 3235-AM90
- Matsayin Ƙa'idar Ƙa'idar SEC Doka ta 14a-8 Gyara 3235-AM91
- Matsayin Ƙa'idar Ƙa'idar SEC Nasihar Zabe Wakili 3235-AM92
- Matsayin Ƙa'idar Ƙa'idar SEC Bayyanawa Game da Mallakar Fa'ida da Musanya 3235-AM93
- Matsayin Ƙa'idar Ƙa'idar SEC Raba Sake Siyayya Zamantanta Bayyanawa 3235-AM94
- Matsayin Ƙa'idar Ƙa'idar SEC Bayar da Kuri'un Wakilai akan Raya Zartarwa da Sauran Al'amura 3235-AK67
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canje ga Dokokin Kulawa don Masu Shawarar Zuba Jari 3235-AM32
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canje ga Dokar 17a-7 Karkashin Dokar Kamfanonin Zuba Jari 3235-AM69
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canje don Samar da PF 3235-AM75
- Matsayin Ƙa'idar Ƙa'idar SEC Gyaran Asusun Kasuwar Kudi 3235-AM80
- Matsayin Ƙa'idar Ƙa'idar SEC Dokokin da ke da alaƙa da Kamfanonin Zuba Jari da Masu Shawarar Zuba Jari don magance Al'amuran da suka shafi Muhalli, zamantakewa da Mulki. 3235-AM96
- Matsayin Ƙa'idar Ƙa'idar SEC Ƙaddamar da Lantarki na Aikace-aikace don Umarni A Ƙarƙashin Dokar Masu Ba da Shawara, Buƙatun Jiyya na Sirri don Filing akan Form 13F, da ADV-NR 3235-AM97
- Matsayin Ƙa'idar Ƙa'idar SEC Bude-Ƙarshen Asusun Liquidity da Gudanar da Dilution 3235-AM98
- Matsayin Ƙa'idar Ƙa'idar SEC Rijista da Ƙa'ida na Kayan aikin Canja-canje na tushen Tsaro 3235-AK93
- Matsayin Ƙa'idar Ƙa'idar SEC Hani Akan Rikice-rikicen Sha'awa dangane da wasu Takaddun Tsaro 3235-AL04
- Matsayin Ƙa'idar Ƙa'idar SEC Shirye-shiryen Biyan Kuɗi na Ƙarfafawa 3235-AL06
- Matsayin Ƙa'idar Ƙa'idar SEC Dillali-Dila Gwajin Damuwa Mai Ruwa, Gargaɗi na Farko, da Buƙatun Canja wurin Asusu 3235-AL50
- Matsayin Ƙa'idar Ƙa'idar SEC Wakilan Canja wurin 3235-AL55
- Matsayin Ƙa'idar Ƙa'idar SEC Shigar da Lantarki na Rahoton Dillalan Dillali 3235-AL85
- Matsayin Ƙa'idar Ƙa'idar SEC Shigar da Lantarki na Form 1 da Form 1 Gyara; Form 19b-4(e) 3235-AM09
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canjen Bayyanar Gajerun Sayar 3235-AM34
- Matsayin Ƙa'idar Ƙa'idar SEC Zamantanta Tsarin Kasuwa 3235-AM57
- Matsayin Ƙa'idar Ƙa'idar SEC Rarraba Fayil ɗin Fayil ɗin Fayil ɗin Fayil ɗin Fayil ɗin da ba a bayyana ba da Tushen Tushen Tsaro. 3235-AM64
- Matsayin Ƙa'idar Ƙa'idar SEC Takaddun da za a adana ta Wasu Membobin Musanya, Dillalai da Dillalai 3235-AM76
- Matsayin Ƙa'idar Ƙa'idar SEC Hana Cinikin Ƙarƙashin Dokar Rike Kamfanoni na Ƙasashen Waje da Ingantattun Ka'idojin Jeri 3235-AM81
- Matsayin Ƙa'idar Ƙa'idar SEC Lamuni ko Lamuni na Securities 3235-AN01
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canje ga Zagayowar Ma'amalar Ma'amaloli 3235-AN02
- Matsayin Ƙa'idar Ƙa'idar SEC Canje-canje ga Dokokin Shirin Masu Fadakarwa na Hukumar 3235-AN03
- Matakin Ƙarshe na SEC Biya Versus Ayyuka 3235-AL00
- Matakin Ƙarshe na SEC Wakilin Duniya 3235-AL84
- Matakin Ƙarshe na SEC Bayyana Kuɗin Kuɗi da Zamantake Hanyoyin Biyan Kuɗi 3235-AL96
- Matakin Ƙarshe na SEC Doka ta 144 Zaman Rike da Form 144 Filings 3235-AM78
- Matakin Ƙarshe na SEC Rahotan Masu Rarraba Da Aka Keɓance, Yin Jiyya na Sabuntawar Hasashen Shekara-shekara don Masu saka hannun jarin da ke wanzu, da Ingantattun Kuɗaɗe da Bayyana Hatsari don Asusun Mutual da ETFs; Bayanin Kuɗi a Tallace-tallacen Kamfanin Zuba Jari 3235-AM52
- Matakin Ƙarshe na SEC Keɓancewa daga Ma'anar "Hukumar Tsara" don Wasu Ayyuka na Dillalan Musanya Tushen Tsaro da Ka'idodin Kisa na Tushen Tsaro. 3235-AK74
- Matakin Ƙarshe na SEC Ƙirƙirar Fom da Hanya Tare da Waɗanne Ma'ajiyoyin Canja Bayanan Tsaro na Tushen Tsaro Dole ne Ya Samar da Bayanan Canjawar Tsaro na Tsaro ga Hukumar. 3235-AL72
- Matakin Ƙarshe na SEC Dokokin ATS don ATSs waɗanda ke Kasuwancin Tsaron Gwamnatin Amurka 3235-AM45
- Matakin Ƙarshe na SEC Canje-canje ga Tsarin NMS don Ƙarfafa Tsaro-Bayanan Bincike 3235-AM62
Kamfanin Coinsmart. Beste Bitcoin-Börse a cikin Europa
Source: https://www.crowdfundinsider.com/2021/06/176549-sec-outlines-regulatory-agenda-exempt-securities-top-the-list-including-reg-d-accredited-investor-definition/
