14Oct
SEC’s Proposed Broker-Dealer Exemption May Apply to “Finders” for Municipal Securities
Today, the SEC published in the Federal Register a proposed notice of an exemptive order (the “Proposal”) that would, subject to limitations and conditions discussed below, exempt certain individuals seeking to find investors for private companies, unregistered funds and other non-reporting issuers ("Finders") from federal broker-dealer regulation requirements. Among other things the Proposal would allow Finders to earn commissions or other transaction-based compensation. Although not targeted...
By:
Mintz - Public Finance Viewpoints
Related
The “Professional Future” law of 5 September 2018 entered fully into force last summer, after publ...
Read More >
On March 27, 2020, President Trump signed into law the largest spending bill in U.S. history in an e...
Read More >
In the simplest case for federal preemption, federal law prohibits conduct that a state tort duty wo...
Read More >
After passing more than 500 bills in 2019, including those mandating paid leave and placing limits o...
Read More >
New Jersey is one of the more aggressive states in seeking to punish employers for the misclassifica...
Read More >
On January 21, 2020, New Jersey Governor Murphy enacted major revisions to the New Jersey Millville ...
Read More >