Share

The Startup Company Oracle

Tuesday, February 4, 2014

SEC issues significant No-Action Letter for M&A advisers and business brokers

On January 31, 2014, the SEC released a sweeping No-Action Letter regarding mergers and acquisitions advisers and business brokers.  The actual text of the SEC No-Action Letter can be found at:

https://www.sec.gov/divisions/marketreg/mr-noaction/2014/ma-brokers-013114.pdf

This SEC No-Action Letter represents the latest in a series of major milestones to clarify and simplify the unduly burdensome regulations that impact certain professionals who assist
buyers and sellers of privately held businesses.

In a nutshell, business brokers and M&A advisers who operate within the bright guidelines of the M&A Brokers No Action Letter will be exempt from registering with the SEC as a broker-dealer, regardless of the size of the transaction.

 


Wednesday, July 10, 2013

SEC proposes rule to allow general solicitation under JOBS Act: Help for Startups & Crowdfunding

Earlier today, the SEC issued a release proposing new rules that, among other things, generally would allow small businesses to use general solicitation to find investors. See Release No. 33-9416; Release No. 34-69960; Release No. IC-30595; File No. S7-06-13 at http://www.sec.gov/rules/proposed/2013/33-9416.pdf.




With offices in New York City and Mineola, NY, the attorneys and lawyers at Business Law Firm LLC assist clients with buying and selling businesses, financing businesses, operating businesses and forming businesses and partnerships for clients in the greater New York area including Manhattan (NYC), Brooklyn, Queens, Nassau County, Suffolk County and Long Island.



© 2017 Business Law Firm LLC | Disclaimer
22 Jericho Turnpike, 100-East, Mineola, NY 11501
| Phone: 516-280-8600

Business Law Overview | Business Law General | Business Sales/Purchases /Mergers/Acquisitions | Business Succession Planning | Business Financing | Operating Businesses | Franchise Law | Forming an Entity | Articles & Newsletters

Attorney Website Design by
Amicus Creative