Last year, the SEC issued a rule allowing general solicitation and advertising of certain private securities offerings. Issuers can use highway billboards, Internet ads, telemarketing to seniors, and even t-shirts to market securities to investors. The senators said they were concerned that some are being targeted without the knowledge or disclosure of risks.
“This is the fabric of Rhode Island,” said U.S. Sen. Jack Reed (D-R.I.) about Block Island. “I often tell people to come to the island. It’s a wonderful place to live and visit. I think it’s one of the loveliest places in the country.”
SOUTH KINGSTOWN - The University of Rhode Island will receive more than $475,000 in federal funds from the Institute of Museum and Library Services to launch a multiyear project...
Senate Democrats demanded that the Securities and Exchange Commission (SEC) do more to protect investors.
Mayor Scott Avedisian never thought he’d see the day when he and a group of dignitaries would celebrate $250 million in improvement projects at T.F. Green Airport that had long been opposed by the city.
The state Department of Environmental Management, in partnership with the fishermen of Newport, hosted a grand opening last week at State Pier Nine in Newport for the new Newport Lobster Shack Kitchen.
With the U.S. Senate expected to consider legislation that would lower student loan payments, U.S. Senators Jack Reed and Sheldon Whitehouse held a discussion Thursday...