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…
On Thursday, June 29, 2017, in the closely-watched EB-5 case SEC v. Feng, No. 2:15-cv-09420 (C.D. CA, filed December 7, 2015), a U.S. district court in California affirmed the authority of the Securities and Exchange Commission (SEC) to oversee EB-5 investment offerings. New York attorney Hui Feng was one…
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…