SEC DISGORGEMENT ORDERS AND DECLARATORY RELIEF ARE TIME-BARRED, THE ELEVENTH CIRCUIT HOLDS
- May 27th, 2016
- Russell Weigel
- Comments Off on SEC DISGORGEMENT ORDERS AND DECLARATORY RELIEF ARE TIME-BARRED, THE ELEVENTH CIRCUIT HOLDS
In a first-of-its-kind case on the issues of disgorgement and declaratory relief, an appellate court upheld a federal district court decision throwing out a SEC enforcement case. The Eleventh Circuit Court of Appeals affirmed the district court on the grounds…
The Advent of Advertising and General Solicitation of Private Placements and the Disqualification of Certain Issuers
- September 9th, 2014
- Russell Weigel
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by Securities Lawyer: Russell C. Weigel, III September 23, 2013 is the day that securities issuers will be able to conduct general solicitation and advertising of private capital raises pursuant to new Regulation D Rule 506(c) (implementation of Title II…
SEC Argues Minnesota’s 2006 Securities Registration Exemption Fails to Comply with Rule 504’s Requirements, Current Implications and Risks for Securities Attorneys
- July 24th, 2014
- Russell Weigel
- Comments Off on SEC Argues Minnesota’s 2006 Securities Registration Exemption Fails to Comply with Rule 504’s Requirements, Current Implications and Risks for Securities Attorneys
The United States Securities and Exchange Commission (the “SEC”) recently alleged in a civil complaint a legal position that potentially places a common interpretation of Minnesota’s securities registration exemptions at risk of violating federal securities laws. In December 2012, the…
JOBS Act 2.0 Summary – Proposed Legislation
- July 21st, 2014
- Russell Weigel
- Comments Off on JOBS Act 2.0 Summary – Proposed Legislation
Jumpstart Our Business Start-Ups Investment Liquidity Act Summary This Act will facilitate investment liquidity of Securities, including those issued in JOBS Act and other small company transactions. The principal features of the Act are to amend sections 4(1), 18(a)(1), and…