Category Archives: Financings
President Obama has signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. This means that the new definition of accredited investor is now in effect. The new definition applies to existing offerings. It is effective immediately. Under the new … Continue reading
As soon as President Obama signs the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”) (link to here), companies raising funds are going to have to adjust their definition of “accredited investor” to exclude from the net worth standard for individual … Continue reading
Loophole in Angel Investor Amendment: No 4-Year Review of Reg D “Accredited Investor” Definition After All?
by William Carleton, Joe Wallin and Marcus Williams Is there a loophole in the “Angel Investor Amendment” just passed this week by the Senate? If so, was it intended, or does it reflect a last-minute mistake? There are different definitions … Continue reading
By Joe Wallin and William Carleton On a voice vote today (7 pm Eastern time, just a few minutes ago), the United States Senate amended Senator Dodd’s financial regulatory reform bill, fixing what had been previously proposed for startup companies … Continue reading