The amendments adopted by the SEC should serve to lower the barrier for smaller companies to engage with investors in the private markets and to raise capital from a wider pool of investors. These amendments will also simplify future exempt offerings by eliminating certain potential pitfalls and causes for unnecessary uncertainty. The new amendments, while not seemingly groundbreaking, demonstrate that the SEC is open to continually adapting to the times to facilitate better functioning private markets and the growth of small and medium-sized businesses.
SEC
By Jeffrey A. Bekiares Cryptocurrency SEC
This past Friday (October 11, 2019), the Securities and Exchange Commission filed an emergency action and temporary restraining order against…
Last week, Uber sent a letter to the Securities and Exchange Commission (the “SEC”) seeking an amendment to Rule 701…
By Jeffrey A. Bekiares Esq. Cryptocurrency SEC
The Financial Industry Regulatory Authority (“FINRA”) announced on Tuesday, September 11, 2018, its first disciplinary action for securities violations against…
By Jeffrey A. Bekiares Esq. Corporate Cryptocurrency SEC
In our most recent blog post, we discussed the second prong of the Howey test – a “common enterprise” –…
By Jeffrey A. Bekiares Esq. Corporate Cryptocurrency SEC
In our most recent blog post, we discussed the first prong of the Howey test – an “investment of money”…