Analysis of cutting-edge securities industry issues
An intriguing phenomenon has occurred. Regulators have recently noticed that there is a sharp rise in Internet crowd-funding sites.
Ironically, the SEC still has not promulgated rules for allowing small businesses…
Continue Reading Internet Crowd Funding Websites Spike Although There Are No Rules
“Big Boy Letters” are usually used to identify that the buyer in a transaction has made its own independent assessment of certain risks involved and that certain information has not been…
Continue Reading You Gotta Be A Big Boy To Play In The Private Investment Transaction Game
A senior Congressman has indicated that he wants to see a wide-ranging pilot program to examine different minimum spreads for different stocks. He believes that such a program would allow the SEC…
Continue Reading What Are the Problems with Ticks and Minimum Spreads?
The SEC is extremely concerned about foreign auditors.
In particular, the SEC is worried that those who work in certain European countries and in China are not subject to auditor…
Continue Reading Non-US Auditors Are Being Scrutinized by SEC
In a not so surprising development, the SEC announced that even SEC registered broker dealers may not act as a crowd funding intermediaries under the JOBS Act because the SEC has…
The SEC’s Chief Accountant announced that a number of companies may be unaware they fall under the disclosure requirement for Emerging Growth Company status under the JOBS Act.
As a result…
