Corp Finance

NASAA Objects to Finder Change

From JD Supra’s post from the California Corporate and Securities Law Blog:

The North American Securities Administrators Association issued a comment letter urging the Securities and Exchange Commission not to move forward on its proposal to issue a conditional order exempting finders from the requirement to register as brokers.  The SEC had proposed the order as a means “to assist small businesses to raise capital and to provide regulatory clarity to investors, issuers, and the finders who assist them”. 

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