Regulation D has multiple exemptions but in a typical 506(b) private placement, by far the most common type of offering, there is no clear path to allowing family and friends to invest. Since Rule 504 and 505 do not allow for unaccredited investors

There have been recent rules adopted by the Securities and Exchange Commission.  The Bradshaw Law Group focuses on federal securities laws, such as private placement offerings, initial public offerings and other securities offerings.  We represent clients from across the United States.  While the Bradshaw Law Group has been in business, the securities and exchange commission…

The SEC Proposed Changes to the Definition of a Smaller Reporting Company On June 27, 2016, the SEC issued proposed rule amendments that would increase the financial thresholds in the definition of smaller reporting company as used in the SEC’s rules and regulations. If adopted, the proposal would expand the number of registrants that qualify…

Yesterday the Advisory Committee on Small and Emerging Companies had a meeting. The full text transcript of the meeting is available here. Full Link: https://www.sec.gov/info/smallbus/acsec/acsec-transcript-051816.pdf Paul Elio, CEO and chairman of Elio Motors, Inc. addressed the SEC Advisory Committee on Small and Emerging Companies. Then Dan Zinn, general counsel of OTC Markets presented an update regarding…

It is very difficult to keep track of how many Regulation A+ offering statements have been filed and how many have been qualified (or approved) by the SEC.  However, last week Mary Jo White gives us a glimpse as to how many in her speech in Lima Peru. She states, “Since effectiveness of Regulation A+…