The Reform Act’s “concurrent filing” rule could make your EB-5 offering more attractive to investors in the U.S. Learn how to comply with securities laws when your offering includes U.S.-based investors in the article EB-5 Concurrent Filing. The EB-5 Reform and Integrity Act includes a provision for “concurrent…
Navigating through the different “crowdfunding” exemptions can be tedious. To help, we’ve created this handy Crowdfunding Matrix. To download a printable PDF, please click here.
You have no doubt read about the decision in Behring v. Wolfe invalidating the 2019 regulations of the EB-5 Program. The decision rolls back the minimum investment amount from $900,000 to $500,000 (and from $1,800,000 to $1,000,000 outside of targeted employment areas). The decision also invalidated the USCIS’s…
On December 15, 2017 FINRA issued its Extended Hearing Panel Decision in its Disciplinary Action No. 2013037522501. This Action was commenced on March 24, 2016 against Trevor Saliba of FINRA-member firm NMS Capital Securities LLC, and several other of the firm’s representatives. NMS has been active in the…
UPDATE: The federal district court for the Northern District of Illinois today sentenced the developer in the Chicago Convention Center EB-5 case, Anshoo Sethi. The sentence is three years imprisonment for defrauding investors. The sentencing is the culmination of civil enforcement action followed by criminal prosecution over a…
SENTENCING OF DEFENDANT IN FIRST EB-5 SECURITIES FRAUD PROSECUTION NOW SET FOR JANUARY 12, 2017 UPDATE: After more than two years, the end is in sight for the $160 Million EB-5 securities fraud indictment brought by the US Attorney in Chicago in the widely-publicized “Chicago Convention Center securities…