Solicitation

Criminal Law: Crimes Solicitation

Introduction to Inchoate Crimes Solicitation

The crime of solicitation involves encouraging, enticing, requesting, or commanding another to commit a crime. The offense is completed at the time the solicitation is made, and it does not require that the person solicited actually commits the crime, agrees to commit the crime, receives the communication soliciting the crime, or even understands that the action solicited is criminal.” (1)

Financial Solicitation in the United States

In relation to the exemption from broker-dealer registration in Title II of the JOBS Act, Section 201(a)(1) of the JOBS Act directs the SEC to revise its rules issued in Rule 506 under the Securities Act of 1933 (“Securities Act”) to provide that the prohibition against general solicitation or general advertising contained in Securities Act Rule 502(c) shall not apply to offers and sales of securities made pursuant to Rule 506, provided that all purchasers of the securities are accredited investors. Section 201(a)(1) further states that such rules shall require the issuer to take reasonable steps to verify that purchasers of the securities are accredited investors, using such methods as determined by the Commission.

Section 201(c) of the JOBS Act adds new paragraph (b) to Section 4 of the Securities Act. Section 4(b) of the Securities Act.

Resources

Notes and References

• Information about Inchoate Crimes Solicitation in the Encarta Online Encyclopedia

See Also

• Financial Regulation
• Brokerage
• Entrapment
• Criminal Restraint
• Criminal Deterrence
• Criminal Law Elements

Guide to Inchoate Crimes Solicitation

In this Section

• Inchoate Crimes
• Inchoate Crimes Attempt
• Inchoate Crimes Conspiracy, and
• Inchoate Crimes Solicitation