SEC Update: Proposed Finder’s Exemption for Private Offerings
On October 7, 2020, the SEC proposed a new Finders exemption that would allow commissions to be paid to certain unlicensed persons who refer Accredited investors to private securities offerings. This is a proposed rule that creates two “tiers” of Finders who can...SEC Proposes Harmonization Amendments to Exempt Offerings
While everyone else has been hunkered down over the past few months, the SEC staff has been busy proposing and adopting new regulations, some of which may have a significant positive impact on raising private money. Among them are Harmonization Amendments to Exempt...
Debt vs. Equity Offerings
Finding it difficult or confusing to understand the difference between debt and equity financing? Simply stated, debt securities are loans that pay out interest over time, while equity securities confer ownership in a company (think about this in terms of the equity...Court Ruling Spotlights ‘Cryptocurrency as Securities’ Question
A recent court ruling is providing more clarity to the question of when digital assets are subject to securities laws and serves as notice to issuers and investors alike of increased enforcement efforts by the SEC in cryptocurrency cases. U.S. District Judge Alvin...