New York State Attorney General Adopts Solicitor Registration And Drops Finder Registration
By EsqSocial Corporation 02/02/21
In April 2020, the Investor Protection Bureau of the New York State Attorney General’s office (OAG) announced its efforts to modernize the state’s securities laws. As part of this initiative, the OAG proposed the registration of “solicitors” as investment advisers and “finders” as brokers. The OAG adopted final rules requiring solicitor registration commencing February 1, 2021, as discussed in our prior alert, however, the requirement for finder registration was declined. The changes for...
By: Tarter Krinsky & Drogin LLP