Jobs Act 101Are Rule 504 Shares Free Trading?
Rule 504 (“Rule 504”) of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”) provides an exemption from the registration requirements of the federal securities laws which allows issuers to offer and sell up… Read More
How Can I Raise Capital After the JOBS Act?
A private or public company can raise capital in a variety of ways. Traditional sources of capital for companies include loans from financial institutions such as a bank, or from friends and family as well as receivable financing.
What Is Accredited Crowdfunding? – Go Public Lawyer
As of September 23, 2013, the JOBS Act has permitted general solicitation and advertising in Rule 506 private placements. While equity crowdfunding is not yet legal, both the SEC and FINRA have proposed rules for equity crowdfunding. This has… Read More
Crowdfunding a Going Public Offering
The Securities and Exchange Commission (“SEC”) rules for crowdfunding remain unresolved, but 13 states have passed legislation allowing intrastate crowdfunding. The SEC as well as state securities regulators have provided meaningful guidance addressing intrastate crowdfunding.
Rule 506(C) Verification of Accredited Investor Status
Rule 506(c) of Regulation D of the Securities Act became effective on September 23, 2013. The rule fundamentally changes how private placements are conducted, by allowing issuers to engage in general solicitation and advertising of their private placements if specific requirements… Read More
Embracing Equity Crowdfunding l Jobs Act 101
Jobs Act 101 Blog Recently the Securities and Exchange Commission (“SEC”) published its new rules for equity crowdfunding offerings, called “Regulation Crowdfunding,” or “Reg CF” for short. The rules have yet to be finalized, and the Commission is currently asking… Read More
What Causes a DTC Chill? Going Public Lawyers
The Depository Trust and Clearing Corporation (“DTCC”), through its subsidiaries, provides clearing, settlement and information services for securities. DTCC’s subsidiary, the Depository Trust Company (“DTC”) was created to improve efficiencies and reduce risk in the clearance and settlement… Read More
The Securities Exchange Act of 1934
The Securities Exchange Act of 1934 (the “Exchange Act”) grants broad authority to the Securities and Exchange Commission (“SEC”) to oversee the securities industry. The SEC’s authority includes the power to register, regulate, and overseebrokerage firms, transfer agents, and… Read More
Industry Guide 7 l Mining Company Disclosures
In their SEC filings, in addition to the disclosures required by Regulation S-K and 20F, mining issuers must include the disclosures required by Industry Guide 7. All U.S mining companies that are SEC filers are required to report under… Read More
What Is a Transfer Agent ? Going Public Lawyers
A shareholder of any company can own securities and transfer the ownership of those securities. Their ownership is reflected on the issuer’s shareholder list. A transfer agent’s role is to issue and cancel certificates to reflect changes in ownership of… Read More