Tollefsen Law has worked with hundreds of entrepreneurs to assist them in complying with the complicated laws regarding raising money from investors. If the investors are not active managers of the business, compliance with state and federal securities laws is required. It does not matter what form the investment takes. Loans are securities, just like stock.
There is no more complicated area of the law and the help of an experienced legal advisor is imperative. Failure to comply can result in action by state or federal regulators ensnaring the business and its managers in a web of complications that often lead to business failure.
The Jumpstart Our Business Startups Act or JOBS Act of April 2012 was intended to encourage funding of United States small businesses by easing various securities regulations. It passed with bipartisan support. The SEC did not adopt the rule providing exceptions to the General Solicitation for Regulation D 506 (c) until July of 2013. It overturned 80 years of regulatory restriction. There are more opportunities for small business funding in the United States than ever before.
Whether your needs include a private placement or public offering, Tollefsen Law has the experience to guide you through the process.
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- General Solicitation – changes
- General Solicitation now allowed under Regulation D 506 (c)
- General Solicitation – the rule under 506
- Regulation D 506(c) requirements
- Project Financing with EB-5
- Overview of Federal Securities Laws
- Avoid “This is not a security loopholes” or other shortcuts
- Exemptions under Oregon State Law
- Exemptions under Washington State Law
- Federal Exemptions
- Watch out for Predatory Lending