Tag Archives: placement agent

SEC Staff Continues To Issue “Bad Boy” Waivers

The secret to obtaining a “bad boy” waiver from the Securities and Exchange Commission is to show: the bad act did not involve an intent to defraud; the misconduct did not involve the sale of securities; the actor has taken … Continue reading

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Finders Relief Recommended

While Securities and Exchange Commission Chairman Mary Jo ¬†White noted that crowdfunding rules are coming soon, more interesting was the recommendations from the Advisory Committee on Small and Emerging Companies that the SEC “exempt intermediaries that are actively involved in … Continue reading

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SEC Offers Bad Actor Clarity

In an attempt to clarify new Rule 506(d) that would disqualify an issuer’s exemption under Rule 506 if “covered persons” have engaged in “disqualifying acts,” the SEC issued a new set of interpretations, that include: determining a bad actor at … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment