Growth Capitalist (https://growthcapitalist.com/category/premium-articles/legal/page/16/)
Legal developments affecting capital formation by pre-IPO private and public emerging growth companies
The first meeting this year of the Securities and Exchange Commission’s Advisory Committee on Small and Emerging Companies in early March delved into issues that have been percolating below the surface since the passage of the Dodd-Frank and JOBS acts.
The Securities and Exchange Commission has released its financial choke-hold on a foreign broker-dealer it accused of being involved in multiple penny stock schemes.
Octagon Capital Partners principal Steven Hart lied to regulators and impersonated his superior at a separate investment firm in order to avoid revealing an investigation of his trading activities, federal prosecutors allege.
A Canadian stock exchange is taking a lead in trying to stop market abuse with shell companies that are using loose regulations to spin-out companies and avoid trading restrictions and reporting requirements.
