SEC Proposes Conditional Broker Registration Exemptions for 'Finders'
By EsqSocial Corporation 23/10/20
Earlier this month, the SEC proposed an order that would exempt “Finders” — individuals who connect private issuers with accredited investors — from federal broker registration requirements, provided that certain conditions are met. The proposed exemption would allow private issuers to more easily identify potential investors, reducing capital-raising costs for smaller private businesses....
By: Nelson Mullins Riley & Scarborough LLP