SEC Commissioners divided over “new category” for finders

| January 25, 2021 | Articles

Where does this leave businesses in need of capital? By Dave Thayer. The trouble with finders continues and much of it is self-imposed by the Securities and Exchange Commission (SEC), which has proposed exemptive relief for unregistered finders.[1] The proposed rule, released on Oct. 7 , 2020, would provide a new limited, conditional exemption from… Read more »

When “fiduciary” leads to disputes

| January 22, 2021 | Articles

  The gray area, where “suitable” activities cross over to activities that are fiduciary in nature, is when disputes that drive consequential outcomes happen. By Paul Vorndran There is not always a bright-line test for determining when an individual’s activities cross the line from insurance producer to investment adviser, or when suitability crosses over to… Read more »

SEC Makes Meaningful Changes to Help Entrepreneurs, Start-ups and Growing Businesses Raise Money

| November 15, 2020 | Articles

By Brad H. Hamilton and Marika Rietsema Ball. On November 2, 2020 the Securities and Exchange Commission (the “SEC”) made several helpful changes to its securities private placement and “Reg A” regulatory scheme that will assist start-ups, and small and growing businesses in offering securities and raising money from investors. The SEC also made practical… Read more »

Seven Key Factors for Family Business Survival

| November 11, 2020 | Articles

By Dave Thayer, originally featured in Wealth Management. The generational transition of a family-owned business is rarely a clean and simple process, and not all businesses succeed. Learn about how to increase the odds by addressing key factors for family business survival. The generational transition of a family-owned business is rarely a clean and simple… Read more »

SEC Proposes Order to Allow “Finders” in Private Offerings

| October 15, 2020 | Articles

By Reid Godbolt. On October 7, 2020, the Securities and Exchange Commission voted to propose a new limited, conditional exemption from broker registration requirements for “finders” who assist small business issuers in private offerings to “accredited investors.” In seeking to ensure that the “finder” concept will be within the small capital raising context, the proposed… Read more »

OSHA Complaints Rising in 2020

| October 15, 2020 | Articles

No company wants an on-site investigation or a citation from the federal government. Before either occurs, the employer will have an opportunity to respond to a complaint. Take preventative action now and know how to respond to a notice. By Larry Lee The Occupational Safety and Health Administration (OSHA) is on high alert and aggressively… Read more »