Navigating through the different “crowdfunding” exemptions that the Jumpstart Our Business Startups Act (JOBS Act) creates 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…
As the price of Bitcoin reaches record heights and a torrent of money floods into Initial Coin Offerings (“ICOs”), the U.S. Securities & Exchange Commission (“SEC”) issued a statement on Wednesday, November 1, 2017 warning investors to be wary of “celebrities and others” promoting investments in ICOs. See …
Initial coin offerings are all the craze, and for good reason. According to CoinSchedule, over $3 billion has been raised in the first 10 months of October. The Securities Exchange Commission released an investigative report concluding that DAO tokens were securities, and that scared people for maybe a few…
An increasing number of ICOs are choosing to disallow US investors from participating. For those of you on those management teams, or those of you with connections to those teams, I urge you to consider the following: 1) Presumably, disallowing US based investors is for the purposes of…
It’s no secret that the Securities & Exchange Commission (SEC) has actively policed the EB-5 industry. Oversight by the SEC has generally been a good thing for the industry as it has brought greater awareness to legal compliance and helped protect investors who might have otherwise been defrauded. Historically,…