This is a little technical but will be important if it applies to you. In the new rules passed ending the ban on general solicitation and advertising in Regulation D Rule 506 private securities offerings, the SEC specifically discussed their impact on private equity, hedge...
As I wade through the newly passed and proposed rules relating to private securities offerings I will post some tidbits of note. This entry focuses on the "safe harbors." In the new rule ending the ban on general solicitation, while the SEC did not mandate...
In a surprisingly granular discussion for the editorial page of the venerable New York Times, it seems the Old Gray Lady is not happy with new SEC Chair Mary Jo White. In an editorial entitled "You've Been Warned," the editors today sharply criticized Ms. White...
The SEC minutes ago in an open hearing finally adopted rules required by the Jumpstart Our Business Startups (JOBS) Act to end the ban on general solicitation and advertising in private offerings of securities under Regulation D Rule 506 offerings. This will only be permitted...
Last week the SEC announced a formal task force charged with reducing fraud in the microcap stock space. According to their release the task force will "investigate fraud in the issuance, marketing, and trading of microcap securities." They are especially focusing on companies that do...
Tara Costa, an alum of NBC's "The Biggest Loser," lost 155 pounds on the show. Now she has a little problem. She agreed to endorse and promote a fitness company. The company has now sued her. According to www.businessinsider.com, the company claims that Costa "had...
I am headed to the Windy City tomorrow to attend the annual summer conference of the Alliance of M&A Advisors (AM&AA). You can still register here: http://www.amaaonline.com/node/20083 I have been a speaker at this conference and it is always a huge success, with hundreds of guests and...
With so many amazing scientific developments in recent years, a scientist (Dr. Sergio Canavero) now says the technology exists to complete a transplant of a human head to another body. For certain paraplegics, for example, or muscular dystrophy victims, this could obviously be something huge. This has...
While most of us were headed away for the July 4th weekend, the SEC announced that they will hold an open meeting on July 10, among other things, to decide whether to adopt rule changes to end the prohibition on general solicitation and advertising in...
A filmmaker, balking at paying a royalty in a planned documentary on the famous "Happy Birthday" song, decided to sue Warner/Chappell Music, who says they own it. The filmmaker plans to make the suit a class action and demand return of millions of dollars in...