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Some Non-Accredited Investors will be Accredited in a Few Weeks

September 12, 2020

The SEC’s new definition of accredited investors includes knowledgeable employees of private funds without regard to assets or income. Qualified professionals also can qualify without actually being accredited. In other …

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506(c) and Money-for-Free Best Practices©

August 29, 2020

Update 103 Although the SEC is the primary securities market regulator, states’ securities regulation -- not the SEC, not FINRA -- is where the action is. States take the lead in enforcement actions in all the …

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No SEC Merit Review 

May 18, 2020

The astonishing Trump-era Rule 506(c) For the first time in the history of the eighty six year-old-SEC — permits marketing of EDGAR-registered exempt offerings to non-accredited investors with no SEC-staff merit …

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Rule 506(c) and Money for Free

May 11, 2020

Private Equity Cowboy Country Tricks Who said no? All 50 state securities regulators, SEC and FINRA staff . . . for over 80 years they all said no. No public offerings of private equity in any way, shape or form. Public …

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New incentive for borrowers interested in rehabilitating homes in Opportunity Zones

April 23, 2020

Homebuyers seeking to purchase a home in a qualified Opportunity Zone can finance rehabilitation costs up to $50,000, an increase of $15,000 over the old rehab maximum amount of $35,000. Existing homeowners with homes …

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What is a Private Placement Memorandum (PPM)…

March 23, 2020

... and what you can do about finders’ fees A PPM is the starting point document for raising capital. A private placement memorandum is a detailed and layered document. It is the document that governs the terms and …

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