New Rule Requires Full Disclosure for Issuers Raising Capital from Investors
The article discusses what information companies need to tell investors when they sell them shares to raise money. If companies have to register their shares with the government, they have to give investors a lot of details. But if they don't have to register, they might not have to tell investors much at all. The main point is that companies need to be careful about what they tell investors to follow the law.