It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
CrowdCheck Blog
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
It’s 1-SA filing season again for Regulation A filers, and time to make some observations about the consequences of not filing.
We have encountered more than three companies in the last three months that have not filed all (or in one case, any) of their ongoing filings, and yet have requalified their offerings or qualified new offerings. This is a problem.
Let’s start with the ongoing reporting requirements. Assuming a Reg A filer has a December year-end, under Rule 257 it has to file its…
This entry is filed under Crowdfunding Conditions, Due Diligence Process, Federal Law, Regulation, Regulation A, SEC, Securities Law
On December 7, 2018, FINRA released its 2018 Report on Examination Findings. This is the second annual report FINRA has released, and it provides a wealth of information for compliance officers. FINRA notes that it is not an exhaustive review of deficiencies exhibited by broker-dealers, but it does highlight those deficiencies that were significant and frequent. While the report focuses on broker-dealer operations, funding portals should take note as well, as FINRA has imputed certain broker-…
This entry is filed under Bad Actor, Crowdfunding, Due Diligence Process, Regulation, Regulation A, Rule 506(c)
On December 7, 2018, FINRA released its 2018 Report on Examination Findings. This is the second annual report FINRA has released, and it provides a wealth of information for compliance officers. FINRA notes that it is not an exhaustive review of deficiencies exhibited by broker-dealers, but it does highlight those deficiencies that were significant and frequent. While the report focuses on broker-dealer operations, funding portals should take note as well, as FINRA has imputed certain broker-…
This entry is filed under Bad Actor, Crowdfunding, Due Diligence Process, Regulation, Regulation A, Rule 506(c)
On December 7, 2018, FINRA released its 2018 Report on Examination Findings. This is the second annual report FINRA has released, and it provides a wealth of information for compliance officers. FINRA notes that it is not an exhaustive review of deficiencies exhibited by broker-dealers, but it does highlight those deficiencies that were significant and frequent. While the report focuses on broker-dealer operations, funding portals should take note as well, as FINRA has imputed certain broker-…
This entry is filed under Bad Actor, Crowdfunding, Due Diligence Process, Regulation, Regulation A, Rule 506(c)