Tag Archives: Securitieslegal

Materiality and the “Substantial Likelihood Test”

Materiality in is a type of fraud, because it uses informational defects to evade a [...]

Functions of Securities Markets

Capital Formation, Liquidity, and Risk Management The three basic functions of securities markets are: capital [...]

IS INVESTING SAFE DURING THE GOVERNMENT SHUTDOWN?

On Thursday, December 27, 2018 the Securities and Exchange Commissionbegan operation within its plan during [...]

Jobs Act of 2012

The JOBS (Jumpstart Our Business Startups) Act of 2012, is an amendment to both the [...]

SEC Charges Two Advisory Firms with Mutual Fund Share Class Disclosure Violations

SOn December 21, 2018, the Securities and Exchange Commission (“SEC”)announced settled charges against New York-based [...]

SEC Charges Two Celebrities with Unlawfully Touting Initial Coin Offerings

On November 29, 2018, the Securities and Exchange Commission (“SEC”) charged two celebrities with unlawfully [...]

What is an “exemption from registration?”

Regulation D’s Rule 504 and Rule 506 grant exemptions from registration if different requirements are [...]

Part 1: What is an Opportunity Zone Fund?

The 2017 Tax Cuts and Jobs Act established a section of the tax code that [...]

Opportunity Zone Funds

Part 1: What is an Opportunity Zone? The 2017 Tax Cuts and Jobs Act established [...]

Is posting a PPM online behind a password protected website count as a general solicitation? Twist: Does it matter if unaccredited investors can obtain a password and register for such a website?

Preparing a Private Placement Memorandum(PPM) that provides full and fair disclosure of the material aspects [...]