Regulation A (“Reg A”) is intended to help smaller issuers to attract investment from a much wider variety of investors without forcing them to bear the cost of a public registered offering. Expansion of Reg A by the JOBS Act of 2012 and subsequent regulatory changes...
When it comes to securities, regulatory exposure doesn’t begin and end with the U.S. Securities and Exchange Commission. In fact, every state in the union has its own set of securities laws — and failing to adhere to their requirements can cause significant legal and...
As lawyers who counsel buyers and sellers of multi-family buildings from Hawaii to Massachusetts, we are very sensitive to whatever captures our clients’ attention most urgently. While there’s a lot of talk in the market right now about interest rates, we are seeing...
When it comes to raising capital for your company, every stage of a company’s development calls out for a different level and type of capital raise, and the differences are crucial. Many assume that the JOBS Act obliterated divisions between what channels of...
Small businesses drive our economy, serving as the primary engine for job creation. The Jumpstart Our Business Startups (JOBS) Act, which former President Barack Obama signed into law in April 2012, facilitated their growth, easing regulatory restrictions to encourage...
Officers and directors of a corporation, no matter the size, owe fiduciary duties to shareholders and to the business entity itself. Corporate officers and directors are said to be "fiduciaries” because they hold a legal or ethical relationship of trust. In...
