The SEC statutory scheme includes the concept of an “accredited investor.” This category of investor is allowed to invest in speculative private stock offerings. You are accredited if you are a certain kind of financial professional or, more typically, if … Continue reading
Tag Archives: Securities Laws
The SEC is expected this fall to issue Rules restricting the use of so-called Rule 10b5-1 “Plans,” which are used as trading safe harbors by executives and directors of public companies to permit trading even while they may possess material … Continue reading
On March 15, rules adopted by the SEC during the Trump administration became effective, loosening access to crowd-funding, expanding access to public offerings under less rigorous standards pursuant to SEC’s Regulation A, permitting companies to shift quickly from one financing … Continue reading
The political currents that have roiled US society often are echoed in the policy choices made by the Securities and Exchange Commission. I do not recall a time when partisanship was not part of the SEC culture, and the combination … Continue reading