Recently, the SEC’s Division of Corporation Finance Director indicated that the SEC was reviewing certain issues in an attempt to assist small businesses with capital formation.
The SEC is assessing
Regulation D
Lawyer Full Employment Act – Insider Trading, Hedge Funds and the FCPA
By Ernest Badway on
Recently, the Department of Justice and the Federal Bureau of Investigation indicated that they are working on enough insider trading cases regarding the hedge fund industry to take them five…
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Cutting Through the Crowdfunding Hype
By Fox Rothschild LLP on
Like many others, my interest in the JOBS Act really started with crowdfunding. This is probably because securities law is an imposing tangle of archaic acts, byzantine regulations and repetitive…
The SEC Celebrates Solstice with New Rules for Accredited Investors
By Fox Rothschild LLP on
The SEC released two new rules yesterday: one on mine safety (I wonder how many securities lawyers have ever set foot in a mine) and the other changing the net worth…
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SIFMA Tells its Membership Be Careful with Expert Networks
By Ernest Badway on
The Securities Industry and Financial Market Association (“SIFMA”) indicated to its membership that those who engage expert networks – entities referring paid industry professionals to third parties for fees &ndash…
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Private Equity Firm Denied Lifting of Asset Freeze
By Ernest Badway on
The SEC scored a victory in a Michigan federal court when the court refused to lift an asset freeze so that a private equity manager could pay for its legal…
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Promissory Note Set Back for Firm
By Ernest Badway on
In a recent FIRNA arbitration decision, a firm suffered a set back when it was unable to recover damages on a promissory note.
One of the interesting facets of this…
Participating as an Expert Witness at a Securities Trial
By Ernest Badway on
As I have described in my previous two blog entries, where I discussed the retention and preparation of an expert report and deposition, this blog entry concludes with a discussion…
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SEC Receiver Loses Finder’s Fees’ Argument
By Ernest Badway on
Recently, an unregistered broker-dealer was able to retain its finder’s fees in a lawsuit brought by a SEC Receiver. The Receiver was appointed as a result of an SEC action…
My Deposition as a Securities Expert Witness
By Ernest Badway on
In my last blog, I spoke about preparing my expert report. This blog discusses my expert witness deposition.
After several months, I was called upon to provide a deposition. Unbeknownst…
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