Matt Stamski Discusses SEC Decision to Lift Advertising Ban on Private Investments with Colorado Media

The Securities and Exchange Commission (SEC) recently made a landmark decision to implement a provision from the JOBS Act that lifts an 80-year advertising ban on private investments. Businesses can now use advertising to raise money through private offerings. The new rule will also allow hedge funds and buyout firms to promote their products to the general public.

Matt Stamski, an associate in Faegre Baker Daniels' Boulder office, was quoted in two articles highlighting the impact of the decision may have on Colorado businesses in the Boulder County Business Report.  Stamski explained that enabling private companies to advertise their offerings will place them in front of many more possible investors. "For certain companies, this will hopefully lead to meaningful access to capital, and for investors, it will help improve their deal flow," Stamski said.

On the KUNC website, Stamski said that his phone started ringing as soon as the SEC announced the new rule. "Calls were coming both from companies interested in offerings, and investors looking for opportunities."