Private Placements

Private placements

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

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 […]