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Rule 701

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Airbnb petitions SEC for rule change to allow hosts to become shareholders HW+

Sep 21, 2018By

Airbnb is asking the Securities and Exchange Commission for a rule change so its hosts can become part owners in the company, according to a report from CNBC’s Sara Salinas. The rule in question is Rule 701, an SEC rule governing equity awards of private companies. The changes proposed would allow “gig economy” workers to take up shares in the company.

3d rendering of a row of luxury townhouses along a street

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