by R. Shawn McBride | Jul 13, 2015 | Securities Laws, Uncategorized
Broken Windows Policy – The Underlying Rationale The term “broken windows” comes from an eponymous 1982 article in The Atlantic, which asserted that unaddressed disorder encourages more disorder, followed by more serious crimes.[1] SEC Chairwoman Mary Jo White, who...
by R. Shawn McBride | Jul 9, 2015 | Securities Laws, Uncategorized
Introduction In the 1990s, former New York City Mayor Rudolph Giuliani and Police Commissioner Bill Bratton adopted a policing strategy known as “broken windows” or “quality-of-life” to combat crimes. The theory was that, when a window is broken and immediately...
by R. Shawn McBride | Jul 7, 2015 | Minority Shareholders, Multiple Owners, Uncategorized
Regulation A+, Modernizing Regulation A Title IV of the Jumpstart Our Business Startups Act (“JOBS Act”), popularly known as Regulation A+, authorized the SEC to modernize and expand the existing Regulation A for offerings of up to $50 million. On March 25, 2015, the...
by R. Shawn McBride | Jun 25, 2015 | Avoiding Investment Scams, Uncategorized
The Court Grants Relief Requested by the SEC In SEC v. Sethi Petroleum, LLC, the court granted the relief requested by the agency, including preliminarily injunction, asset freeze, and appointment of a receiver, among other things, pending final judgement.[1] The...
by R. Shawn McBride | Jun 23, 2015 | Raising Capital, Uncategorized
Regulation D, Rule 506(c), Elimination of Prohibition Against General Solicitation Title II of the JOBS Act created a new exemption for Rule 506 offerings to allow an issuer to engage in general solicitation and advertising, so long as all purchasers of the securities...
