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
Dear YouDig?, We are finishing up a contract to start a piece of a big project. The owner is pushin...
Read More >
Private companies grant stock options to their employees as a way to retain and motivate them and to...
Read More >
During the COVID-19 pandemic the construction industry has, for the most part, been able to continue...
Read More >
The interest in special purpose acquisition company (SPAC) transactions continues to skyrocket, with...
Read More >
Governor Newsom proposes new plan for San Joaquin River Delta - Governor Gavin Newsom revealed a n...
Read More >
The plaintiff, an agricultural laborer, brought suit against his employer who, in turn, moved to com...
Read More >