Law360 (April 23, 2021, 9:51 PM EDT) — Private companies enjoy more freedom to raise capital under several U.S. Securities and Exchange Commission rule changes that recently took effect, though to what extent market participants will take advantage and whether investors will benefit remains to be seen.The newly enacted changes resulted from a sweeping review of SEC rules governing exemptions for private offerings, or stock sales that are not publicly registered. The rulemaking was among the final actions last year under prior SEC Chairman Jay Clayton, who sought to ease rules on capital formation and simplify what critics say are confusing regulations.The new rules, which took effect…