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,…
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 of several immigration attorneys…
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…
Recently retired as a partner in the Silicon Valley office of Simpson Thacher & Bartlett LLP, William Hinman was named Director of Corp Fin as expected. With his venture background and practical capital markets experience, Bill brings important insight to Corp Fin! For the SEC press release, read: https://www.sec.gov/news/press-release/2017-97
Crowdfunding is a popular internet funding mechanism that small businesses use to secure capital investment for various kinds of business opportunities. Until the Jumpstart Our Jobs Act (JOBS Act) in 2012 created an exemption to the Securities Exchange Commission (SEC) rules on registering securities, however, crowdfunding had not…