Private Company M&A Brokers Don’t Need to Register With the SEC as Broker-Dealers
By EsqSocial Corporation 07/02/14
On January 31, 2014, the SEC issued a ground-breaking no-action letter, taking the position that a financial intermediary that limits its business activity to advising privately held companies in M&A transactions need not register as a broker-dealer....
By: Morrison & Foerster LLP