Attorney Kenneth Eade Barred from Practicing Before the SEC

Securities Lawyers Gone Wild Series On October 28, 2014, the Securities and Exchange Commission (“SEC”) announced the settlement of an administrative proceeding brought by the agency against Kenneth G. Eade, an attorney licensed to practice in California, but living in Paris, France.  By agreeing to the suspension, Eade accepted a suspension from practicing law before the SEC for a period... Read More
http://www.securitieslawyer101.com/2014/attorney-kenneth-eade-barred-from-practicing-before-the-sec/

Crowdfunding a Going Public Transaction

The Securities and Exchange Commission (“SEC”) rules for crowdfunding remain in limbo, but 12 states have passed legislation allowing intrastate crowdfunding.  The SEC as well as state securities regulators have provided meaningful guidance addressing intrastate crowdfunding. One benefit of intrastate crowdfunding is that while it will not give a company public company status, if structured properly, it can serve as... Read More
http://www.securitieslawyer101.com/2014/crowdfunding-a-going-public-transaction/

Crowdfunding a Texas Intrastate Offering

Texas is the latest state to embrace equity crowdfunding.  On October 22, 2014, the Texas State Securities Board approved proposed Rule 139.25, which exempts intrastate securities offerings using crowdfunding.  Rule 139.25 will become effective next month.   The new Texas exemption requires that offers and sales of an issuer s securities be made exclusively through an Internet website operated by a Texas... Read More
http://www.securitieslawyer101.com/2014/crowdfunding-a-texas-intrastate-offering/

Section 12 – Termination of Registration and Trading Suspensions

Going Public LawyerSecurities Law Blog SEC proceedings for registration revocations and trading suspensions have become somewhat common in the microcap markets since the Securities and Exchange Commission (“SEC”) started its Operation Shell Expel initiative.  Proceedings under Section 12(j) are frequently initiated when an SEC reporting company has a  history of delinquent periodic reports and filings.Section 13(a) of the Securities Exchange Act of 1934,... Read MoreGoing Public Lawyer
http://www.securitieslawyer101.com/2014/section-12-termination-registration-trading-suspensions/

Section 12 - Termination of Registration and Trading Suspensions

Securities Law Blog SEC proceedings for registration revocations and trading suspensions have become somewhat common in the microcap markets since the Securities and Exchange Commission (“SEC”) started its Operation Shell Expel initiative.  ...
http://www.securitieslawyer101.com/2014/section-12-termination-registration-trading-suspensions/

Stock Spin-Offs 101

Securities Lawyer 101 Blog A spin-off ("Spin-off”) involves a transaction in which a parent company (“Parent”) distributes securities of its subsidiary (“Subsidiary”) to the Parent’s stockholders so that the Subsidiary becomes a separa...
http://www.securitieslawyer101.com/2014/stock-spin-offs-101/

Stock Spin-Offs 101

Securities Lawyer 101 Blog A spin-off ("Spin-off”) involves a transaction in which a parent company (“Parent”) distributes securities of its subsidiary (“Subsidiary”) to the Parent’s stockholders so that the Subsidiary becomes a separa...
http://www.securitieslawyer101.com/2014/stock-spin-offs-101/