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Statement At Open Meeting On Adoption Of Updated Rules regarding Intrastate Offerings And Small Business Capital Formation, SEC Commissioner Michael S. Piwowar, Oct. 26, 2016

Thank you, Chair White.  Today’s adopting release is a well-crafted and thoughtful adoption of the Commission’s proposal to modernize and improve our rules related to intrastate offerings and Rule 504 offerings.  I echo the thanks of my fellow commissioners for the efforts by our staff, including a number whose experiences as former state securities regulators were quite helpful. 

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