Securities Law and Going Public Blog

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Insights on securities law, exchange listings, going public, SEC reporting, and market regulation. Stay updated with our latest articles on capital markets compliance, regulatory developments, and strategic guidance for public and private companies.

Latest Blog Posts

U.S. Rep Christopher Collins Pleads Guilty to Insider Trading

Christopher Collins, the first member of Congress to endorse Donald Trump for President, pleaded guilty to insider trading along with his son,…

William Smith and Palm Beach Atlantic Financial Group Charged by SEC

On December 11, 2019, Palm Beach Atlantic Financial Group, LLC and its managing member and sole owner, William A. Smith, were charged…

SEC: Crypto Founder Used ICO Funds for Dating and Rent

Eran Eyal was charged by the SEC this week for selling unregistered securities and improperly using the funds that he raised. Through…

Two Class Action Lawsuits Filed Against CBD Brands

In our previous blog post, we wrote about the FDA’s recent releases detailing how they were unwilling to label CBD as a…

FDA Warns that CBD “has the potential to harm you”

The FDA released a statement this week detailing how it has warned fifteen different companies for illegally selling products containing cannibidiol (CBD),…

FINRA Rule 6490 – FINRA Compliance and Rule 6490 Lawyers

Though FINRA’s principal mandate is to regulate broker-dealers, historically it has always exercised some oversight of the over-the-counter markets including all tiers…

SEC Charges Rishi Shah, Shradha Agarwal, Brad Purdy, Ashik Desai,and Outcome Health

On November 25, 2019, the Securities and Exchange Commission amended a complaint to charge four former executives of Outcome Health, a…

Non-Traditional IPO: Direct Listing Process (DLP)

A new type of IPO has gained prevalence recently, as big tech companies such as Slack and Spotify have decided to take…

Knightsbridge Private Partners Accused of Selling Fake Shares of Stock

Knightsbridge Private Partners, a New York firm, has been accused of making over $2 million from October 2018 to January 2019 by…

Supreme Court Adds Securities Law Case against Charles Liu and Xin Wang to Merits Docket

The Supreme Court this week agreed to hear the case of Liu vs. Securities and Exchange Commission. The issue at hand is “Whether…

SEC Invites Outsiders to Submit Proposals for Secondary Market

Seeking to improve the secondary market structure for “thinly traded securities”, the SEC has outsourced the creative process to anyone involved in…

Regulation A + l Rule 506 l Form S-1 Comparison

Rule 506 and Regulation A provide smaller companies with a flexible alternative to raising capital and going public in connection with direct…

USDA Releases Draft of Interim Final Rule on Hempmaking

On December 20, 2018, the 2018 Farm Bill was signed into law by the federal government. The 2018 Farm Bill “requires USDA…

Regulation A Direct Listing: Regulation A Tier 2 Requirements

An increasing number of small companies seeking public company status are using Tier 2 of Regulation A in their going public transaction. …

Recent Court Dissent Shows Progress for Marijuana Companies

Currently, although many states have legalized marijuana, it is still illegal to sell the drug under federal law. Because of this, under…

Does Regulation A+ Allow Testing the Waters?

Issuers utilizing Regulation A+ are permitted to “test the waters” with potential purchaser and use solicitation materials both before and after the…

Finra Investigates BNP Paribas

On October 24, 2019, the Financial Industry Regulatory Authority (FINRA) announced a settled enforcement action involving BNP Paribas Securities Corp. and BNP…

What is Corporate Hijacking?

Corporate hijackings, also known as corporate identity theft, of public shell companies has been around for more than a decade. Corporate hijackings…

Does Offering Integration Apply in a Regulation A Offering?

The Regulation A + offering integration rules prevent companies from improperly avoiding the SEC’s registration statement requirements by dividing a single securities offering into multiple…

Regulation A+ For Publicly Traded Reporting Companies

Benefits of Regulation A+ Amendments On December 19, 2018, the Securities and Exchange Commission (the “SEC”) adopted amendments to Regulation A informally referred…

SEC Halts Alleged $1.7 Billion Unregistered Token Offering

Beginning in January 2018, Telegram Group Inc. and its wholly-owned subsidiary TON issuer began raising capital to finance their business. This included…

Nasdaq’s Regulation A Seasoning Requirement

Posted by Brenda HamiltonNasdaq’s Regulation A Proposal The Nasdaq Stock Market LLC (“Nasdaq”) proposed a rule that would impose listing requirements for…

Regulation A+ Tier 2 Reporting Obligations – Going Public Lawyer

Regulation A, also known as Regulation A+, provides investors with more investment choices and issuers with more capital raising options during their…

Rule 506(b) Offerings

Rule 506(b) Offerings – Regulation D Offerings Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”) exempts from SEC…

Regulation A+ 2019 Q&A – Securities Lawyer 101

Regulation A provides an exemption from registration that can be used in combination with a Rule 506 private placement, a direct public offering and/or…

The 3(a)(10) Exemption from SEC Registration

Securities Lawyer 101 Blog Section 3(a)(10) of the Securities Act of 1933, as amended (the “Securities Act”) exempts the offer and sale of securities…

Rule 506(c) Offerings: Everything You Need to Know

Issuers can advertise their securities offerings under Rule 506(c) of Regulation D. Upon its implementation in 2013, Rule 506(c) removed the 80-year…

Regulation A Offerings – Blue Sky Requirements

Regulation A, also known as Regulation A +, provides an exemption from registration for sales of up to $50 million in a…

Regulation A Investor Bulletin Issued by SEC

In April of this year, NASDAQ submitted a proposal related to the Regulation A Offering Exemption which would require any Company listing…

SEC Updates PAUSE List of Firms Using Inaccurate Information

The SEC has updated its PAUSE list (Public Alert: Unregistered Soliciting Entities), “adding 23 soliciting entities, two impersonators of genuine firms, and…

Explore our curated collection of external resources and industry links that complement our blog content. These hand-picked links provide additional perspectives on securities law, market regulations, and business compliance.

FINRA

https://www.finra.org/

JOBS Act 101

https://www.jobsact101.com/

Go Public 101

https://www.gopublic101.com/

OTC Markets

https://www.otcmarkets.com/

Securities Lawyer 101 Blog

https://ppe.securitieslawyer101.com/blog/

Securities & Exchange Commission

https://www.sec.gov/