I often receive questions from investment advisers on whether their clients can invest in a hedge fund, private equity fund, private company or some other type of private investment. For purposes of this article, I refer to them all as “private investments”. For example, clients will ask “can John Doe’s Trust invest in 123 Capital,Continue reading “Determining Whether a Client Can Invest in a Private Investment”
Category Archives: Exchange Act
SEC Proposes Exemptive Relief for “Finders” – A Win-Win Scenario?
I was recently quoted by WealthManagement.com on the recent “finders” exemption proposal by the U.S. Securities and Exchange Commission. That proposal would provide clarity to “finders” on how they can avoid allegations that they are acting as broker-dealers in need of registration under Section 15 of the Securities Exchange Act of 1934. The proposal is available here.Continue reading “SEC Proposes Exemptive Relief for “Finders” – A Win-Win Scenario?”