This is the most current version of our memo summarizing some of the challenges in applying securities laws to ICOs. Updated 9/26/2018
An overview of how to prepare for and manage both concurrent offerings and consecutive offerings.
An overview of the rules and regulations governing communications made by crowdfunding portals under the SEC's Regulation Crowdfunding and FINRA's Funding Portal Rules.
Last updated March 31, 2021
After a company has done a Regulation A offering, how can its shareholders sell their shares?
This memo summarizes the requirements for registering as an issuer-dealer in those states in which issuer-dealer and agent registration is required for an offering of securities under Tier 2 of Regulation A without the use of a registered broker-dealer. The recent update includes additional content regarding state review of notice filings.
Last updated October 7, 2021.
Our memo offers guidance on what issuers can and cannot say about their offering and how to properly comply with the SEC's rules on communications related to Regulation CF offerings.
Last Updated: March 24, 2021
Published in Bloomberg BNA Securities Regulation & Law Report
SEC adopts regulations implementing "Regulation Crowdfunding" under Section 4(a)(6) of the Securities Act.
Best practices for 17(b) disclosure by online investment platforms and other parties.