by Syndication Attorneys PLLC | Nov 30, 2017
In our conversations with clients, we often are asked, “When are limited liability company interests a security?” Section 2(a)(1) of the Securities Act defines the term “security” as follows: “The term ‘security’ means any note, stock, treasury...
by Syndication Attorneys PLLC | Nov 30, 2017
Many of our articles and blog posts make reference to the four-pronged Howey Test, which does exist — we don’t make this stuff up! — dating to 1946. Here is the written decision, as issued by the U.S. Supreme Court: United States Supreme Court SECURITIES AND...
by Syndication Attorneys PLLC | Nov 10, 2017
The SEC may be moving away from pursuing admissions of guilt by companies as a condition of settling certain fraud cases, according to a Sept. 26, 2017, article in the Wall Street Journal. A kinder, gentler and leaner SEC? The article cited a statement by Steven...
by Syndication Attorneys PLLC | Nov 6, 2017
What types of commercial properties are most available for investors? Based on our unscientific (but nevertheless educated) poll of several crowdfunding and investing sites, investors prefer value-add specified offerings with targeted IRR settling mostly in the...
