Rule 144 Q & A - Going Public Lawyers

The Securities Act of 1933, as amended (the “Securities Act”) requires the sale of a security to be registered under the Securities Act, unless the security or transaction qualifies for an exemption from registration. Rule 144 of the Securitie...
https://www.securitieslawyer101.com/2015/rule-144-going-public-lawyers/

What is a Sponsoring Market Maker? Going Public Attorneys

Posted By Brenda Hamilton, Securities Lawyer 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 obta...
https://www.securitieslawyer101.com/2015/sponsoring-market-makers/

FINRA Halts Trading in Riviera Tool Company

Moving with unusual speed, the Financial Industry Regulatory Authority (FINRA) halted trading in Riviera Tool Company (RIVT) after the closing bell on May 7, 2015.  The action was a U3 Extraordinary Event halt.  In a U3, “trading is halted beca...
https://www.securitieslawyer101.com/2015/riviera-tool-company-rivt/

Securities Lawyers Gone Wild – John Briner Criminally Charged

Going Public LawyerThe walls are closing in on former securities attorney John Briner.  In the past two months, he s been criminally charged in the Provincial Court of British Columbia, sued by the U.S. Commodity Futures Trading Commission (“CFTC”), and disciplined by the Law Society of British Columbia.  Briner s new problems follow on a series of enforcement actions brought against him by the... Read MoreGoing Public Lawyer
https://www.securitieslawyer101.com/2015/criminal-charges-john-briner/

Securities Lawyers Gone Wild - John Briner Criminally Charged

The walls are closing in on former securities attorney John Briner.  In the past two months, he's been criminally charged in the Provincial Court of British Columbia, sued by the U.S. Commodity Futures Trading Commission (“CFTC”), and discipli...
https://www.securitieslawyer101.com/2015/criminal-charges-john-briner/

Short Swing Profits Q & A

The "Short Swing Profit" rules were created to prevent insiders, who have greater access to material company information, from taking advantage of information for the purpose of making short-term profits from trading an issuer's securities.  Thi...
https://www.securitieslawyer101.com/2015/short-swing-profits-q/

SEC Shuts Down North Dakota Developments Real Estate Ponzi Scheme

On May 5, 2015, the Securities and Exchange Commission (“SEC”) obtained a temporary restraining order against North Dakota Developments, LLC (“NDD”), Robert L. Gavin and Daniel J. Hogan in connection with an elaborate real estate development ...
https://www.securitieslawyer101.com/2015/north-dakota-developments/