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
Source Url: https://www.jdsupra.com/legalnews/sec-s-proposed-broker-dealer-exemption-73805/
Related
On August 14, 2019, the National Labor Relations Board (NLRB) issued a ruling clarifying several man...
Read More >
This is one of several client alerts in a series counting down to the date when CCPA applies (Almost...
Read More >
The Minnesota Legislature recently passed, and Governor Walz signed, the Jobs and Economic Developme...
Read More >
It's the end of the year and while everyone is busy, employers in California should be aware of new ...
Read More >
On July 22, 2019, the Food and Drug Administration (“FDA”) released its fourth warning letter for ...
Read More >
SEC Chair Jay Clayton is reduced to having a PR firm create fake investor letters to support a SEC r...
Read More >