15c211 - Going Public Lawyers

Regulation A+ Secondary Sales – Regulation A 2018

Resale Considerations in Regulation A+ Offerings Regulation A+ provides Issuers with the ability to create liquidity by including shares held by selling security in the offering. This enables investors access to liquidity through secondary sales as a part… Read More

SEC Suspends Penny Stock Issuers-Posted by Brenda Hamilton

On January 9, 2018, the U.S. Securities and Exchange Commission (“SEC”) announced the temporary suspension of trading in the securities of three penny stock issuers: Blacksands Petroleum, Inc. (BSPE), China Education Alliance, Inc. (CEAI), DoMark International, Inc. (DOMK), and… Read More

SEC Suspends Smart Ventures, Inc. (SMVR)

On July 14, 2015, the Securities and Exchange Commission (SEC) announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading of the securities of Smart Ventures, Inc. (“Smart… Read More

Regulation A+ Pointers For Going Public

An increasing number of issuers seeking to go public are opting for a direct public offering using Regulation A+.  The new rule provides many benefits for small companies seeking to raise capital without the costs of a traditional… Read More

What is a Sponsoring Market Maker?

  The last step in a going public transaction is for the company to receive a stock trading or ticker symbol from the Financial Industry Regulatory Authority (“FINRA”).  For a company to obtain its ticker symbol, a sponsoring market maker (“Sponsoring… Read More

FINRA Seeks to Make Form 211 Information Publicly Available

Securities Lawyer 101 Blog FINRA is soliciting comment on its proposal to make publicly available through FINRA’s website a repository of Form 211 information. Firms are required to complete FINRA’s Form 211 to demonstrate compliance with the specific… Read More

FINRA Red Flags l Securities Lawyer 101 Blog

Securities Lawyer 101 Blog The Financial Industry Regulatory Authority (“FINRA”) recently identified certain red flags in connection with  a disciplinary action against Gar Wood Securities LLC.  FINRA’s allegations centered on Gar Wood’s alleged facilitation of sales of unregistered securities in violation of the Section… Read More

15c2-11 Application Going Public Attorney

Securities Lawyer 101 Blog Many private companies that go public are opting for the listing on the OTCMarket’s Pink Sheets due to the increased costs and more stringent regulations associated with Securities and Exchange Commission (“SEC”) reporting.  Rule… Read More