SEC Proposes Exemption for Finders as it Seeks to Assist Small Businesses in Need of Capital

October 7, 2020 @ 2:40 pm By JD Alois |

A Longstanding Grey Area Today at an open meeting, the Securities and Exchange Commission (SEC) proposed an update to rules pertaining to “Finders” – individuals or firms that help smaller businesses find investors. The potential change will subject these individuals or firms to reduced regulation… Read More

Read more in: Featured Headlines, Politics, Legal & Regulation | Tagged allison herren lee, caroline crenshaw, david burton, elad roisman, finders, hester peirce, jay clayton, sec, securities and exchange commission

SEC Broadens Definition of Accredited Investor to Include Certain Sophistication Measures

August 26, 2020 @ 11:03 am By JD Alois |

As widely anticipated, the Securities and Exchange Commission (SEC) updated the definition of an Accredited Investor expanding the rule by adding certain sophistication criteria. The current definition defines an individual who earns over $200,000 a year ($300,000 if married) as accredited. If an individual has… Read More

Read more in: Featured Headlines, Opinion, Politics, Legal & Regulation | Tagged accredited investor, allison herren lee, caroline crenshaw, doug ellenoff, elad roisman, ellenoff grossman & schole, hester peirce, jay clayton, jon medved, legal, ourcrowd, sec, securities and exchange commission

SEC Commissioner Hester Peirce Begins Second Term While Caroline A. Crenshaw Begins First Term as New Commissioner

August 17, 2020 @ 12:07 pm By JD Alois |

The Securities and Exchange Commission (SEC) has announced that Caroline A. Crenshaw and Hester M. Peirce have been sworn into office as SEC commissioners. Commissioner Peirce is commencing her second term as a Commissioner while Commissioner Crenshaw is beginning her first. Commissioner Crenshaw fills a… Read More

Read more in: Politics, Legal & Regulation | Tagged caroline crenshaw, hester peirce, sec, securities and exchange commission