Private Placements

Private placements

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Brokers Corp Finance Investors Primer Private Placements

Can a Non-Citizen Be An Accredited Investor?

There is no residency or citizenship requirement in the definition of an accredited investor. Many entities and individuals are accredited investors. Rule 501 of Regulation D defines the term. For individuals, accredited investors include: Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, […]

Cryptocurrency
Investors Private Placements

Digital Asset Scam Alert

The Securities and Exchange Commission today announced that it has obtained an asset freeze and other emergency relief to halt an ongoing securities fraud perpetrated by a former state senator and two others who bilked investors in and outside the U.S. The SEC’s complaint alleges that Florida residents Robert Dunlap […]

Private Placements Securities Law Dictionary

Accredited Investor Definition

Under the federal securities laws, a company may not offer or sell securities to investors without registration with the SEC</div><div class=glossaryItemBody>The United States Securities and Exchange Commission is the federal agency charged with the regulation and oversight of the securities markets, public companies and securities professionals.(…)</div>” href=”https://www.seclaw.com/glossary/sec/” data-gt-translate-attributes='[{“attribute”:”data-cmtooltip”, “format”:”html”}]’>SEC. However, there are a number of registration exemptions which ultimately expand the universe of potential investors. Many exemptions require that the investment offering be made only to persons who are accredited […]

Private Placements

Rule 17d-1 No Action Letter Released

Aggregation of Orders Addressed By John M. Baker, Esq. The SEC‘s Division of Investment Management recently issued a letter clarifying its position on the application of Rule 17d-1 to aggregated transactions in private placement securities. Massachusetts Mutual Life Insurance Co., SEC No-Action Letter (July 28, 2000). As described below, the […]